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Lowe's and Home Depot are outperforming on interest rate cut enthusiasm
Analysts and investors are increasing their interest in the home improvement sector after the Federal Reserve lowered benchmark interest rates for the first time in four years. Lowe's Companies (NYSE:LOW) tracked higher in early trading on Tuesday after Oppenheimer upgraded the home improvement retailer to an Outperform rating after having it set
Analyst hammers out new stock price targets for Home Depot, Lowe's
Marvin Ellison at Lowe's told analysts that "there still remains a great deal of uncertainty, particularly around interest rates and inflation." "In terms of housing specifically,
Shares of Home Depot, Lowe's Rise Following Rate Cut
In Thursday trading, Home Depot's stock was up 1.6% to $390.20, while Lowe's stock rose 1.7% to $261.11. Since the beginning of the year, shares of Home Depot are up 13%, while Lowe's shares have gained 17%.
S&P 500, Dow Rise More Than 1% To New Highs In Delayed Rate Cut Rally
The bond market has struggled following the rate cut, as the yield for the benchmark 10-year U.S. Treasury note have gained some 10 basis points from its 3.65% level just
16h
Lowe's Set For 'Delayed Benefits' From Macro Demand Improvements, Says Optimistic Analyst
Lowe's is poised to witness stronger demand for home improvement as rates are cut by the Fed. Analyst upgrades stock.
5d
on MSN
The Reason Why Lowe's Doesn't Sell Milwaukee Tools
Milwaukee power tools are found in hardware stores across the country, but you're unlikely to find any on the shelves at Lowe ...
3d
Home Depot: Company history, timeline & facts
Arthur Blank and Bernie Marcus’ customer-first approach helped fuel the DIY craze and build Home Depot into a $380 billion ...
4d
Vista woman loses $24,000 in Lowes gift card scam
VISTA, Calif. — Vista resident Jan Hoops fell for a gift card scam last week that began with a pop-up alert on her computer, ...
13d
35 Best Halloween Decorations for a Spooky Yard and Home 2024
Turn your front yard or the inside of your home into a spooky or whimsically stylish atmosphere with our list of some of the ...
12d
24 cheap ways to weatherproof your home for the fall and winter
These expert-approved DIY weatherproofing projects can make your home more comfortable and energy efficient, all for under ...
11d
The Home Depot: Moat And Market Opportunity Outweigh Overvaluation
The Home Depot is a solid long-term investment, with a strong market position and growth potential in the home improvement ...
USA Today
7d
The Home Depot Coupons
Get the tools and construction materials you need for your next project and save by using the latest The
Home
Depot
offers and discounts sourced and tested by our experts. Coupons are chosen ...
17h
This Guy Created Fake Windows Using Home Depot Light Panels, and the Results Are … Kinda Unbelievable
In the video, he explains that the dining room he shares with his boyfriend has “absolutely no windows and no natural light.” ...
11d
Staying The Course With The Home Depot
The Home Depot's recent data shows a 0.7% revenue decline, driven by lower comparable sales, transactions, and average ticket ...
12h
on MSN
Lowe’s Stock Scores an Upgrade. Home Improvement Demand Will Rebound—Eventually.
Home improvement retailers have faced a long sales slump. The tide might be turning, finally, for patient investors. Last ...
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