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0.00109141323264802 -0.000973422612902227 0.00120940385239381 0.000265478894427987 -2.94976549364057E-05 0.000855431993156604 0.001150408542521 0.00112091088758459
Stock impact report

Wolfe Research Bullish on The Home Depot, Inc. (HD) Despite Market Downturn [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 positive stance follows remarks by the company's CFO Richard McPhail at the JPM Conference. Wolfe Research Bullish on The Home Depot, Inc. (HD) Despite Market Downturn ThreeRivers11 / Shutterstock.com The executive reiterated that the company continues to gain market share in a down cycle, despite broad sector softening through 2025. According to McPhail, the housing sector remains subdued, with just 3% stock turnover compared to 4% to 5% in a normal environment. Consequently, a home price correction might be needed to restore market equilibrium. Wolfe Research does not anticipate a near-term market turn given the current environment of high mortgage rates above 6.5%. Similarly, analysts at Stifel have reiterated a Hold rating on the stock in response to the challenging environment in which the company is operating. The Home Depot, Inc. (NYSE:HD) is the world's largest home improvement specialty retailer, operating over 2,300 stores across North America that sell constru Show less Read more
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