Great Day Improvements, LLC, a residential home remodeling company, announced last Friday it had acquired Florida-based Home Performance Alliance, a remodeler working in the window replacement, bath remodel and roofing solutions space. In a Dec. 22 news release, Great Day said its latest acquisition “further diversifies the company’s offerings for […]
Performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) stayed green on Wednesday. The stock has gained 6% over the past one month. The home improvement retailer delivered mixed results for the third quarter of 2023 and lowered its guidance for the full year, as pressure on DIY discretionary spending weighed on […]
RBC Capital Markets analyst Steven Shemesh initiated coverage on Lowe’s Companies, Inc. LOW with a Sector Perform rating and a price target of $194. The analyst says while Lowe’s under-penetration in its Pro business presents a share gain/margin opportunity in the long term, it will likely result in underperformance vs. peers in the near […]
