Home Depot, Lowe’s Shares Ease After Oppenheimer Downgrade

Shares of Home Depot  (HD) – Get Report and Lowe’s  (LOW) – Get Report were gently pressured Friday after analysts at Oppenheimer downgraded the home-improvement retailers on concern about near-term risks. 

Home Depot and Lowe’s were both downgraded to perform from outperform. Home Depot’s price target was lowered to $305 from $320 and Lowe’s to $180 from $185. 

“To be clear, our favorable intermediate- to longer-term stance for the group
and HD and LOW is unchanged,” analyst Brian Nagel said. 

‘However, nearer term, we’re increasingly concerned
that the market is becoming too lax toward chances of a post-covid-19 sales growth
downshift at HD/LOW and [the] potential impact on shares,”

In a “post-pandemic reset” for home retail, Oppenheimer has a more favorable outlook for Lowe’s than Home Depot given its strengthening margins and discounted valuation. 

The firm lowered its fiscal 2021 earnings EPS estimate for Home Depot

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Oppenheimer’s Concerns About Near-Term Future

Shares of Lowe`s Companies Inc (NYSE: LOW) and Home Depot Inc (NYSE: HD) have been performing well since March when the Covid-19 pandemic started picking up the pace in North America as well as around the world. Analysts at Oppenheimer have concerns about the near-term future of both red-hot retail stocks and have the stocks.

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On CNBC’s ‘The Exchange’ show, the firm’s senior analyst Brian Nagel said said that the stocks are due for a post-pandemic reset after their recent sales surge. His firm lowered its price target for Home Depot and Lowe’s and changed their ratings to perform from outperform. Home Depot’s price target was lowered to $305 from $320 and Lowe’s to $180 from $185.

The stocks have risen sharply since March as

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Highway 96 improvements will affect Robins Air Force Base

The improvements will stretch for seven miles in Twiggs County in an area that helps connect I-16 and I-75.

WARNER ROBINS, Ga. — Improvements coming to Highway 96 in Twiggs County thanks to millions of dollars from The U.S. Department of Transportation. The project will have a direct impact on Robins Air Force Base.

Over 24,000 people head to work on Robins Air Force Base every day, so the project, which will widen parts of the highway from two lanes to four lanes, will ease access for people driving to Warner Robins.

The improvements will stretch for seven miles in Twiggs County in an area that helps connect I-16 and I-75.

Dan Rhoades with the 21st Century Partnership in Warner Robins says there are people coming here from all over Georgia every day. For people out in places like Cochran and Jeffersonville, these improvements will make that commute easier and

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Brandon Crawford’s improvements against lefties have been huge for Giants

Brandon Crawford could have been in for a rude awakening this season. For the first time in his 10-year MLB career, the Giants shortstop seemed destined for a platoon role. 

Manager Gabe Kapler doesn’t exactly subscribe to Bruce Bochy’s old-school views. Kapler always is looking for ways to play to the numbers when it comes to his lineup. He’s going to play to the best matchups for his hitters. 

And the numbers said Crawford should sit against left-handed pitching this season. But after an early-season platoon role, Crawford has earned his right as the everyday starter in Kapler’s first season managing in San Francisco. 

“He has proven that he is still a productive offensive player in this league through his work this year,” Kapler said Sunday to reporters after the Giants’ 14-2 win over the A’s, via MLB.com. “I know last year was not a good year for him offensively,

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The Property Brothers Show Off Their Grandest Kitchen Upgrades

“Property Brothers” stars Drew and Jonathan Scott are at it again! On this season of “Brother vs. Brother,” they’re competing to see who can renovate the better home in Los Angeles. And in the latest episode, they’re facing off over (arguably) the most important part of the house: the kitchen.

In the episode “A Tale of Two Kitchens,” a lot is on the line. Drew hasn’t won a single kitchen challenge in all six seasons of “Brother vs. Brother,” so he’s determined to get lucky with No. 7.

However, his plans may be dashed since Jonathan has plans for some show-stopping features, including a custom barrel ceiling and double kitchen islands.

It’s up to judges Maureen McCormick and Dan Vickery from the HGTV show “Frozen in Time” to decide which brother’s kitchen and dining space is better—and they have a tough decision to make.

Read on to find out how

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Millennial Money: Home costs don’t stop at a down payment | Lifestyles

— PAY CLOSE ATTENTION TO THE HOME INSPECTION. “Leaking roofs, mold, electrical and plumbing issues are the mostly commonly noted concerns on an inspection report,” says Day Coker, owner of AC by Day C, an HVAC maintenance and repair company based in High Point, North Carolina. If the inspection turns up issues, negotiate with the seller to either repair them or lower the selling price.

— FIND OUT THE AGE OF MAJOR APPLIANCES. When you can estimate how many years an appliance has left, you can save up for its replacement.

— CREATE A REPAIR FUND. Aim to save around $5,000, says Chelsea Lipford Wolf, co-host of the “Today’s Homeowner” TV show and creator of “Checking In With Chelsea,” a home improvement blog and video series. “That would cover most home systems that you would need to repair to keep your house running.”

2. YOU’LL WANT TO MAKE YOUR HOUSE

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6 ways to avoid costly home renovation mistakes

Many of us are spending more time at home in 2020, which could mean having more time to take on home improvement projects. But home renovations aren’t just a way to fill time; you want the results to be worth the hard work. The key to any successful project lies in careful planning — including financial strategizing — long before the power tools come out.

Roughly 3 in 5 American homeowners (61 percent) have taken on home improvement projects since March 1, spending $6,438, on average, according to an Aug. 18-20 NerdWallet survey conducted online by The Harris Poll among 1,414 homeowners.

Whether you’re outfitting your home with a new office or classroom, or taking on long-intended improvements such as painting or installing new flooring, here are six tips to help you make sure you’re heading into the right project, the right way.

1. Consider return on investment

Any project

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Home design inspiration: Creating a chic yet cozy escape

The formal living room in this 1915 Tudor cottage in Wellesley was made over into an intimate setting.
The formal living room in this 1915 Tudor cottage in Wellesley was made over into an intimate setting.Sarah Winchester

After adding a family room to the 1915 Tudor cottage in Wellesley that she shares with her husband and their 10-year-old daughter, Jennifer Brady reassessed the function of her home’s formal living room. Knowing they would use the addition to entertain, the principal of KidderKokx Interior Architecture and Design decided to take advantage of the living room’s small size, cozy fireplace, and tucked-away location by turning it into a lounge. The intimate setting is conducive to reading, catching up over cocktails, and family time. “The concept is based on boutique hotel lounges, where you can retreat alone or meet with friends,” Brady says. “It’s a luxurious little getaway in our house.”

1. The wool carpet from Steven King Decorative Carpets is grounding and plush. “I love the textural pattern,” Brady

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Pandemic drives kitchen remodeling projects

People are “forced to be home” and are “sick of their kitchens,” said Alicia Molenaar, a designer and co-owner of Kitchen Fair in Willmar.

During the pandemic, Kitchen Fair has been swamped with requests from customers looking for a new look and ways to improve functionality and efficiency in their kitchens. “We are really busy,” Molenaar said.

While updating paint or adding a colorful backsplash can be handled by a weekend do-it-yourselfer, a kitchen makeover can benefit from a professional designer.

The process begins with taking measurements of an existing kitchen space and an interview with the homeowner to find out how they use their kitchen, how many people typically cook there at one time and what they want in terms of style and functionality.

Giving a kitchen a new look can be as simple as installing new hardware – where the trend is for larger handles that can fit

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How To Create a Kitchen With a Soul, According to Home Design Experts


Of all the rooms in the house, the kitchen may evoke the warmest emotions. After all, it’s here that people gather with family and friends, to share food and good company. It’s no wonder the kitchen is often called the heart of the home—and that it’s a key selling point, promising a great lifestyle.

But kitchens also run the risk of being cold and soulless. What’s the point in having top-notch appliances if no one actually wants to hang out and use them? Like food, a kitchen needs to have a certain depth—let’s call it soul.


“A kitchen with a soul is a unique space that provides comfort, warmth, and a sense of peace,” says Ron Woodson of Woodson & Rummerfield’s House

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