Home Improvement Retail

Goldman Sachs is out with a research note this morning, where it suggests that traders buy calls on Lowe's Companies (NYSE: LOW) and sell call on Home Depot (NYSE: HD). Goldman's analysts believe that shares of LOW have the ability to move to the upside around its analyst day next week. Lowe's...

Analysts at KeyBanc Capital Markets upgraded lululemon athletica inc (NASDAQ: LULU) from “underweight” to “buy.” LULU's shares closed at $47.17 yesterday. LULU's trailing-twelve-month ROE is 38.60%. Analysts at Morgan Keegan upgraded Cracker Barrel Old Country Store Inc (NASDAQ: CBRL) from “market...

A report from Goldman Sachs upgrades its rating from Neutral to Buy and raises its price target from $26 to $28 on Lowe's Companies (NYSE: LOW). The report states, “We believe that management is embracing the need for meaningful upgrades to the business after years of drift, and that tangible...

Friday, December 2, 2011 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. The first publicly traded securities in the United States were $80 million in U.S. government bonds, issued in 1790 to refinance Revolutionary War...

A report from ISI reiterates its Hold rating on Lowe's (NYSE: LOW). The report states, “The risk is on execution. LOW is moving in the right direction (and we expect LOW to continue this recent trend at the Analyst Day), but even if everything goes right in 2012, operating improvements that boost...

In its report, Goldman Sachs writes, “The housing complex, broadly speaking, is posting stable data. October home sales tracked better than expected, with existing home trends beating expectations and new home trends falling slightly short. Year-on-year housing trends accelerated on easier...

Lumber Liquidators (NYSE: LL), today announced a planned transition in executive leadership with Jeffrey W. Griffiths retiring from his position as Chief Executive Officer of the Company effective January 1, 2012. In accordance with the Company's Corporate Governance Guidelines, Mr. Griffiths will...

Is today a big day for savings, or just a big day for retailers to cash in on gullible consumers? That depends on where you shop. While Amazon.com (NASDAQ: AMZN) shoppers could get lost in the mountain of discounts being offered today, many corporations are taking advantage of the Cyber Monday...

Stifel Nicolaus reiterates its Buy rating and $33 price target on Lumber Liquidators Holdings, Inc. (NYSE: LL) as the company is on track to realize substantial cost savings. Stifel Nicolaus notes, “We believe the company is on target to realize substantial cost saves in 2012 and ensuing years....

Lowe's Companies (NYSE: LOW) announced today it has agreed to sell $500 million of 3.80% Notes due 2021 and $500 million of 5.125% Notes due 2041. Estimated net proceeds from this offering will be approximately $991 million, after deducting offering expenses and underwriters' discounts. Lowe's...

ISI Group maintains its Hold rating and base case of $25 for Lowe's Companies, Inc. (NYSE: LOW) as 3Q results encourage improvement on operations in 2012 and the company takes on leverage focus. ISI Group comments, “One of the big knocks on LOW over the last few years has been that the capital...

Jefferies reiterates its Hold rating on Lowe's Companies, Inc. (NYSE: LOW) but has raised its price target to $21 from $21 a share as share buybacks offset soft sales and margins. According to Jefferies, “Following Q3 upside to our estimate and increased share buyback activity, we are raising our...

Below are the top home improvement stores stocks on the NYSE and the NASDAQ in terms of cash. Home Depot Inc (The) (NYSE: HD) had $2.55 billion in total cash and $10.78 billion in total debt for the latest quarter. Lowe's Companies Inc (NYSE: LOW) had $908.00 million in total cash and $6.62...

ISI Group Inc. maintains its Hold rating on Lowe's Companies, Inc. (NYSE: LOW) on results that were moderately higher than Street expectations. According to ISI Group, “The comp came in modestly better than expected, but the margins were a little worse; overall 3Q came in around where we expected...

JP Morgan reiterates its Neutral rating on Lowe's Companies, Inc. (NYSE: LOW) as the company beat expectations modestly. According to JPM, “LOW reported 3Q11 operating EPS of $0.35 vs. our estimate of $0.34 and consensus of $0.33. Same-store sales were 0.7% vs. our 0.0%E and...