High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
A number of stocks fell in the afternoon session after the spike in oil prices threatened to siphon another round of discretionary spending away from store registers.
Bank of America just reset its view on the home improvement sector, and Lowe’s (NYSE:LOW) drew the short straw. On May 5, 2026, the firm reinstated coverage of Lowe’s stock at Neutral with a $260 price target, stepping down from its prior Buy rating. The call functions as a de facto analyst downgrade. The investor ... Lowe’s Just Got Yanked From the BofA Buy List: Is the Home Improvement Trade Stalling?
Bank of America reinstated coverage of Home Depot (NYSE:HD) stock with a Buy rating and a $374 price target on May 5, naming the home improvement giant its preferred stock in the sector. The firm expects Home Depot’s comparable sales growth to outperform the company’s peers, driven by higher Pro customer penetration and traffic trends ... BofA Just Named Home Depot the Top Pick in Home Improvement: Price Target Set at $374
Sophisticated market participants appear to be anticipating a rebound in HD stock. Here’s the quantitative picture that could justify the bullish proposition.
Investing.com -- Bank of America on Tuesday reinstated coverage of Home Depot and Lowe’s at Buy and Neutral, respectively, pointing to Home Depot’s greater exposure to professional contractors as a key differentiator in a still-subdued housing market.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
