Long-term bullish call on Lowe's from Jefferies

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

Another glowing review on Lowe's (LOW +0.1%) arrives from Wall Street this morning.

This time it's Jeffries with the upgrade on the home improvement retailer to Buy from Hold.

The analyst team calls Lowe's its "franchise" pick and sees EPS potentially tripling over the next five years.

The nod from Jeffries continues a general theme on Lowe's that it is closing the productivity gap on Home Depot, particularly with the Pro business.

Sources: CNBC, Bloomberg

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