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Morgan Stanley: December Rate Hike Wouldn't Hurt Economy
Monday, November 30, 2015 - 5:21pm | 364According to Ellen Zentner of Morgan Stanley, the Fed is likely to initiate a rate hike in December with a total of four hikes through 2017. Zentner noted that her growth outlook of 1.8 percent in 2016 and 2017 remains unchanged. The analyst added that the Fed's 2.0 percent inflation...
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Piper Jaffray Is Upgrading Lowe's, Says Too Many Tailwinds To Ignore
Thursday, April 16, 2015 - 10:21am | 281In a report published Thursday, Piper Jaffray analyst Peter Keith upgraded shares of Lowe's Companies, Inc. (NYSE: LOW) to Overweight from Neutral with a price target raised to $88 from a previous $79 based on a "confluence" of favorable sales tailwinds. Keith conducted a home improvement survey...