Key Points Barclays raised its rating on Lowe's to overweight. The stock could benefit from an improving housing market this year. 10 stocks we like better than Lowe's Companies › Shares of Lowe's (NYSE: LOW) were moving higher today after the company got an upgrade from Barclays, lifting its rating and price target on the home-improvement retailer. As of 10:06 a.m. ET, the stock was up 2.5% on the news. Image source: Getty Images. Why is Lowe's up today? Barclays analyst Seth Sigman raised his ...

Core Viewpoint - Rigetti Computing's stock is experiencing significant sell-offs due to inflation concerns triggered by Home Depot's recent price increase announcement [1][2][5]. Group 1: Stock Performance - Rigetti Computing's stock price fell by 8.7% as of 2:45 p.m. ET, with a peak decline of 9.6% earlier in the day [1]. - The stock is trading at approximately 605 times this year's expected sales, indicating a highly growth-dependent valuation [6]. Group 2: Inflation Concerns - Home Depot's management announced price increases on certain items due to tariff-related costs, which investors interpret as a worrying inflation indicator [2][5]. - The Bureau of Labor Statistics reported a higher-than-expected Producer Price Index (PPI) inflation rate of 0.9%, significantly above the forecast of 0.3% [4]. Group 3: Market Sentiment - The recent inflation data and Home Depot's comments raise concerns about potential upward trends in inflation levels in the near term [7]. - The speculative nature of Rigetti's outlook, combined with its growth-dependent valuation, makes it a risky investment at this time [6][7].