Analysts’ favorable reassessments boost Home Depot, Lowe’s
by The Atlanta Journal-Constitution
Feb 25, 2013 | 605 views | 0 0 comments | 3 3 recommendations | email to a friend | print
Shares of Atlanta-based Home Depot and its chief home improvement retail competitor, Lowe’s, got a lift Friday following favorable analysts’ reassessments of their stocks ahead of next week’s earnings reports.

Lowe’s will report fourth-quarter results on Monday and Home Depot on Tuesday.

Home Depot was the biggest gainer Friday, rising nearly 2 percent to close at $65.58, up $1.20 on the New York Stock Exchange. Mooresville, N.C.-based Lowe’s closed at $37.67, unchanged after reaching an intraday high of $38.12. Both stocks are trading a few dollars shy of their 52-week highs.

Click here to continue reading.
Share This Article |
similar stories

Home Depot’s failure in China: Ignoring women | 21 days ago by The Atlanta Business Chronicle

Drop in gas prices benefits US drivers, economy | 28 days ago by JONATHAN FAHEY,AP Energy Writer

Construction and Grading Co. sees boost in business | 15 days ago by Doug Walker, Associate Editor

Cedartown High gets grant for welding machines | 13 days ago

Outlook grim in Venezuela's essential oil industry | 16 days ago by FABIOLA SANCHEZ, Associated Press

Comments
(0)
Comments-icon Post a Comment
No Comments Yet
Postings are not edited and are the responsibility of the author. You agree not to post comments that are abusive, threatening or obscene. Postings may be removed at our discretion.