RBC Capital lowered the firm’s price target on Home Depot (HD) to $424 from $431 and keeps a Sector Perform rating on the shares after its Q4 results and outlook. The company’s initial 2025 guidance calling for EPS to fall 2% y/y is probably conservative, but solidifies the firm’s view that with housing trends stable, its earnings are now somewhat de-risked, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HD:
- Home Depot upgraded, Flywire downgraded: Wall Street’s top analyst calls
- Home Depot price target lowered to $430 from $465 at Loop Capital
- Home Depot price target lowered to $445 from $450 at Wells Fargo
- Home Depot price target lowered to $437 from $467 at Truist
- Home Depot price target lowered to $430 from $440 at Baird