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Lowe’s Cos. (NYSE:LOW) was downgraded by Ned Davis Research from a “buy” rating to a “neutral” rating in a research note issued on Tuesday, American Banking and Market News reports.

A number of other firms have also recently commented on LOW. Analysts at TheStreet reiterated a “buy” rating on shares of Lowe’s Cos. in a research note to investors on Friday. Thirteen research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $47.63.

Lowe’s Cos. (NYSE:LOW) traded down 0.50% on Tuesday, hitting $47.37. The stock had a trading volume of 3,176,837 shares. Lowe’s Cos. has a 52-week low of $35.86 and a 52-week high of $52.08. The stock’s 50-day moving average is $48.07 and its 200-day moving average is $47.17. The company has a market cap of $49.541 billion and a price-to-earnings ratio of 22.78.

Lowe’s Cos. (NYSE:LOW) last announced its earnings results on Wednesday, November 20th. The company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by $0.01. The company had revenue of $12.96 billion for the quarter, compared to the consensus estimate of $12.72 billion. During the same quarter in the prior year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Analysts expect that Lowe’s Cos. will post $2.17 EPS for the current fiscal year.

Lowe’s Companies, Inc (NYSE:LOW) is a home improvement retailer.

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