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Stock impact report

Jefferies Bullish on The Home Depot (HD) Following Mingledorff Acquisition [Yahoo! Finance]

Home Depot, Inc. (The) (HD) 
Last home depot, inc. (the) earnings: 2/25 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.homedepot.com
Company Research Source: Yahoo! Finance
Jefferies Bullish on The Home Depot (HD) Following Mingledorff Acquisition On March 24, 2026, The Home Depot, Inc. (NYSE:HD) was revisited by analysts at Jefferies, who expressed confidence in the company's acquisition of Mingledorff's, which was announced the same day. They project that the move will expand the combined TAM of the company and SRS Distribution by $100 billion. Furthermore, the company's consolidation of the building products distribution landscape is expected to enhance its long-term earnings power. Additionally, the deal further enhances the company's growth narrative in the HVAC distribution vertical, according to the firm. As of March 24, 2026, Jefferies maintains a “Buy” rating on the stock. Meanwhile, the same day, The Home Depot, Inc. (NYSE:HD) was cited in a BNP Paribas research note, where the firm reported changes in the company's valuation model. The firm trimmed the target multiple to 17.5x EV/EBIT from 19.5x amid a market decline and shrinking multipl Show less Read more
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