Lowe's (LOW) shares were lower Wednesday after analysts at JPMorgan lowered the company's rating to NEUTRAL from OVERWEIGHT while also slashing its price target to $72 from $87. JPMorgan believes that an uneven consumer environment, difficult comparisons ahead, higher exposure to big ticket spending among a declining backdrop of consumer confidence, and a tougher promotional atmosphere foreshadows a tough road ahead for the home improvement retailer.
More from Video
CAG has hung onto the bulk of its recent gains, and could rise to the $50 area, according to the charts and indicators.
Breaking down an approach to the long side of this biotech stock.
AMSC CEO discusses that and China challenges.
One of pharma's biggest CEO's talks M&A action on the exchange.