Lowe's - Upgrades & Downgrades

TheStreet Ratings released rating changes on 16 U.S. common stocks for September 27, 2010. Just three stocks were downgraded and 13 stocks have been upgraded by our stock model.
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NEW YORK (

TheStreet

) -TheStreet Ratings' stock model upgraded

Lowe's Companies

(LOW) - Get Report

to 'Buy' from 'Hold'. Net income at this $31.3 billion market cap, home improvement supply company grew 9.6% to $832 million in second quarter over the prior second quarter.

TheStreet Ratings released rating changes on 15 additional U.S. common stocks for September 27, 2010. In total, just three stocks were downgraded and 13 stocks have been upgraded by our stock model.

Second quarter revenue at Lowe's Companies grew by 3.7% to $14.4 billion over the same quarter last year. Learn more about Lowe's Companies:

Company Profile

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Income Statement

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Balance Sheet

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Stock Ratios

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Analyst Ratings

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In another upgrade, shares of

KLA-Tencor

(KLAC) - Get Report

have moved to 'Buy' from 'Hold'. Fiscal fourth quarter net income jumped to a profit of $113 million from a loss of $25 million in the year ago quarter. Over the same period, revenue nearly doubled, up 98.7%, reaching $559 million. Learn more about KLA-Tencor:

Company Profile

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Income Statement

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Balance Sheet

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Stock Ratios

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Analyst Ratings

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-- Reported by Kevin Baker in Jupiter, Fla.

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Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.