Tag: Lowe’s Companies

Analyst Actions

Citing Slowing Housing, Lowe’s (NYSE:LOW) Downgraded to Neutral by Wedbush

On Wednesday, Wedbush downgraded Lowe’s Companies (NYSE:LOW) to Neutral from Outperform. The firm downgraded the stock because it believes a slowing housing market may pressure the company’s results more than expected.  Wedbush has reduced the price target to $50 from $60. Read more of the analyst’s thoughts below: We lower our rating on NYSE:LOW from OUTPERFORM to NEUTRAL and reducing our estimates based on our revised … Continue reading Citing Slowing Housing, Lowe’s (NYSE:LOW) Downgraded to Neutral by Wedbush

Adam Keintzel
Finance

Services Sector Active stocks: Pandora Media Inc (NYSE:P), Hertz Global Holdings (NYSE:HTZ), Lowe’s Companies (NYSE:LOW), CBS Corporation (NYSE:CBS), Whole Foods Market (NASDAQ:WFM)

Pandora Media Inc.  (NYSE:P) has another competitor now that Amazon (AMZN_) has launched its own free music streaming service.  The online market place is offering its Prime Music service to customers already subscribed to Amazon Prime.  The company has a library of 1 million songs, while Pandora is close with just about 900,000 songs in its library, according to DigitalTrends.com.  Pandora Media Inc (NYSE:P) stock … Continue reading Services Sector Active stocks: Pandora Media Inc (NYSE:P), Hertz Global Holdings (NYSE:HTZ), Lowe’s Companies (NYSE:LOW), CBS Corporation (NYSE:CBS), Whole Foods Market (NASDAQ:WFM)

Jayne Crisman