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Stock impact report

The Home Depot, Inc. (HD) Remains a Key Pick as TD Cowen Updates Hardlines Outlook [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
On January 20, TD Cowen analyst Max Rakhlenko raised the firm's price target on The Home Depot, Inc. (NYSE:HD) to $450 from $410 and maintained a Buy rating on the stock. The update came as TD Cowen adjusted price targets across the hardlines group. Within that coverage list, the firm's top idea is Planet Fitness, followed by Home Depot and O'Reilly Automotive. A CNBC report highlighted how Home Depot is using AI tools to appeal more directly to professional contractors. Timothy Ellsberry, an Atlanta-based custom homebuilder, told CNBC he was impressed with the company's recent efforts. Ellsberry joined Home Depot's Pro program in late 2024 and stated that he has been reviewing the company's expanding suite of digital tools, although he has not yet fully adopted them. One of the newer offerings is AI-powered BluePrint Takeoffs, which launched in November. The tool is designed to quickly produce takeoffs, meaning full lists of materials and resources needed to build project quotes Show less Read more
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