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  1. News:
    May 28th, 2014 at 2:58 pm

    Lowe’s weaker after Canaccord Genuity chimes in

    11:05 AM ET · LOW

    • Canaccord Genuity analyst Laura Champine chops her price target on Lowe’s (LOW -2%) down to $37 from $47 due to the lofty premium the stock is already trading at with limited growth potential on the table.
    • Her take is that shares of Lowe’s have run ahead of earnings due to a flood of positive housing data.
    • Execution is also a risk with Lowe’s as management at Home Depot continues to be a tough rival to outmaneuver, according to Champine.
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