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Stock impact report

Home Depot Stock Keeps Falling—Analysts Say the Upside Is Still There [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 logo on a pegboard wall with hand tools. Key Points Despite a sluggish housing market and weak consumer sentiment that have slowed renovation spending, Home Depot has remained resilient, allowing it to report results ahead of expectations, renewing optimism on Wall Street. The company's growing focus on higher-margin professional customers has helped offset softer do-it-yourself demand, as contractors tend to spend more per visit and make repeat purchases, providing more consistent revenue during periods of weak housing activity. Shares have fallen more than 12% over the past month as housing concerns weigh on the sector, yet analysts remain optimistic, with an average price target of $416, more than 20% above the current price. Interested in The Home Depot, Inc.? Here are five stocks we like better. A sluggish housing market and weak consumer sentiment have been major headwinds for The Home Depot Inc. (NYSE: HD), as homeowners pull back on large renovation Show less Read more
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