Analysts’ favorable reassessments boost Home Depot, Lowe’s
by The Atlanta Journal-Constitution
Feb 25, 2013 | 601 views | 0 0 comments | 3 3 recommendations | email to a friend | print
Shares of Atlanta-based Home Depot and its chief home improvement retail competitor, Lowe’s, got a lift Friday following favorable analysts’ reassessments of their stocks ahead of next week’s earnings reports.

Lowe’s will report fourth-quarter results on Monday and Home Depot on Tuesday.

Home Depot was the biggest gainer Friday, rising nearly 2 percent to close at $65.58, up $1.20 on the New York Stock Exchange. Mooresville, N.C.-based Lowe’s closed at $37.67, unchanged after reaching an intraday high of $38.12. Both stocks are trading a few dollars shy of their 52-week highs.

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