This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Dollar General and Lowe's Get Downgraded, Keybanc is Bullish on Vince

5/28/14 11:08 AM EDT
Dollar General (DG) gets a downgrade at Deutsche Bank, Lowe's (LOW) gets a downgrade at Canaccord Genuity and Keybanc Capital Markets is bullish on Vince (VNCE). Deutsche Bank says it is lowering its rating on DG to HOLD from BUY even though Dollar General remains one of the best managed retailers around, stiff price competition from the likes of WalMart, Target and Family Dollar are making the environment more challenging. Deutsche says it expects Dollar General to post 3-4% same store sales growth in 2014. Canaccord Genuity is downgrading shares of Lowe's to SELL from HOLD because of slowing housing momentum, management changes and tough competition from Home Depot. Keybanc Capital Markets is making a bullish call on Vince moving to a BUY from HOLD and putting their price target at $31 a share. Keybanc says the move is based on the long term growth prospects for the jeans and casual apparel maker. Ruben Ramirez reports from the New York Stock Exchange.
Stocks in this video: DGLOWVNCEWMTTGTFDO
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV

Brokerage Partners

Top Rated Stocks Top Rated Funds Top Rated ETFs