Goldman Sachs chips away at Lowe's

|About: Lowe's Companies, Inc. (LOW)|By:, SA News Editor

Lowe's (LOW -2%) trades lower with a Goldman Sachs downgrade appearing to carry more weight with investors than any macroeconomic factors (Home Depot -0.2%).

Goldman has Lowe's set at a Neutral rating now instead of Buy and takes its price target to $51.

For the year LOW is -6.4% vs. +1.4% for HD.