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Home Depot added to Analyst Focus List at JPMorgan

JPMorgan added Home Depot (HD) to the firm’s Analyst Focus List as a growth idea. The firm sees positive estimate revisions driving further multiple expansion of the shares. Home Depot remains one of the best long-term stories in retail, the analyst tells investors in a research note. JPMorgan keeps an Overweight rating on the shares with a $452 price target

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