The stocks of Home Depot (NYSE: HD) and Lowe’s (NYSE: LOW) have gained over 9% and 11% respectively, this year. The challenging macro environment has pressured the home improvement industry dampening the near-term outlook but there are still a couple of reasons to retain optimism. Here’s a look at what […]
retailers
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 […]
Telsey Advisory Group says it’s moving to the sidelines on Home Depot and Lowe’s . Analyst Joseph Feldman downgraded both stocks to market perform from outperform. He maintained his price target for Home Depot shares at $315, which implies 4.3% downside from Monday’s close. He also kept his price target […]
Cover photo credit: JLS photography, Flickr (CC BY-NC-ND 2.0) The world’s largest remaining intact forest, the boreal, is under siege. The boreal is a wild, seemingly boundless forest that wraps around the Northern Hemisphere. In Canada, the boreal, covered with spruce, firs and pines, encompasses over one billion acres—supporting […]