© Reuters. JPMorgan hikes Lowe’s (LOW) to Overweight amid home improvement sector turnaround JPMorgan analysts upgraded Lowe’s Companies (NYSE:) to Overweight from Neutral and added the stock to its Focus List on Monday. They also raised the target price to $265 from $210. “We continue to believe that goods share of wallet headwinds are moderating…
phillyskater/iStock Editorial via Getty Images The trend in home improvement stocks is bringing back some bad memories, according to Gordon Haskett analyst Chuck Grom. In a note to clients on Friday broadly downgrading the sector, he explained that while there is reason to remain constructive on many names, the rapid increase in uncertainty pervading the…
Express News Service After struggling for over two years due to covid-19 induced restrictions, the travel and hospitality sector is showing signs of a strong revival. If data issued by travel service providers are to be believed, in recent weeks there has been a strong surge in flight and hotel bookings, with the peak summer…