RBC Dominion analyst Scot Ciccarelli trims his price target on Buy-rated Lowe's (LOW +2.1%) to...

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

RBC Dominion analyst Scot Ciccarelli trims his price target on Buy-rated Lowe's (LOW +2.1%) to $31 on his view that the company should be focusing on fixing up its U.S. business instead of launching an ambitious bid for Rona. He also cites the company's trend of seeing rival Home Depot outperform with sales numbers.