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A.G. Edwards (AGE - 34-11/16) also decreased its coverage on home-improvement retailer Lowe's Companies (LOW - 47) today, reducing its rating from a "buy" to an "accumulate." This brokerage downgrade didn't seem to phase LOW shares, however, as the equity finished the session up more than three percent. Moreover, the Street remains altogether positive on the stock, as Zacks Online
reports that 22 of the 24 analysts covering LOW shares have named it a "strong buy" or a "buy." Technically speaking, over the past six weeks, LOW has declined just over 30 percent, dropping below all significant moving-average trendlines along the way. Today's advance took the stock less than a point away from moving above its 10-day trendline.