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Home Depot price target lowered to $421 from $454 at Truist

Truist lowered the firm’s price target on Home Depot (HD) to $421 from $454 and keeps a Buy rating on the shares. Based on the Truist Card Data, sales trends were solid in the first half of Q3, but then slowed in mid-September and October as comparisons became more difficult, the analyst tells investors in a research note.

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