JPMorgan hikes Lowe’s to Overweight amid home improvement sector turnaround By Investing.com

nikholasFebruary 12, 202403 mins

© 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…

Intel hands a ‘blank check’ to technology chief Ann Kelleher, hoping she can deliver a turnaround

nikholasMay 15, 202202 mins

Technology development chief Ann Kelleher says Intel’s “blank check” for technology development demonstrates its commitment to regaining its innovative edge: “Who’s going to argue with being told you have limitless resources? And it’s said in public. Nobody’s going to argue with that. It’s very empowering in terms of my organization.” (Beth Nakamura/The Oregonian) As Intel…