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Stock impact report

Home Depot (HD) Price Target Raised as Performance Remains Steady [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
The Home Depot, Inc. (NYSE: HD ) is included among the 13 Best March Dividend Stocks to Buy Home Depot (HD) Price Target Raised as Performance Remains Steady On February 25, Telsey Advisory raised its price recommendation on The Home Depot, Inc. (NYSE:HD) to $435 from $410. The firm reiterated an Outperform rating on the shares. The analyst said the company continues to stand out as a long-term winner in retail. Despite a difficult macro environment, Home Depot has continued to gain market share and execute consistently. A day earlier, on February 24, Home Depot reported quarterly earnings that came in ahead of analyst expectations. This was notable given the ongoing weakness in the US housing market. Results were supported by steady demand from professional contractors, along with continued spending on smaller repair and maintenance projects by customers managing tighter budgets. The company has increasingly relied on professional customers, including contractors, builders, an Show less Read more
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