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Lowe’s Just Got Yanked From the BofA Buy List: Is the Home Improvement Trade Stalling?
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Lowe’s Just Got Yanked From the BofA Buy List: Is the Home Improvement Trade Stalling?
The post Lowe’s Just Got Yanked From the BofA Buy List: Is the Home Improvement Trade Stalling? appeared first on 24/7 Wall St.. Quick Read Bank of America downgraded Lowe’s (LOW) stock to Neutral with a $260 price target due to constrained earnings growth and lack of near-term catalysts. Bank of America’s downgrade reflects persistently weak housing turnover at multi-decade lows and elevated mortgage rates stemming from a 4% ten-year Treasur…
·New York, United States
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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