Baird analyst Peter Benedict lowered the firm’s price target on Home Depot (HD) to $425 from $430 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results where they saw some comforting data points but sees the waiting game continuing.
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Read More on HD:
- Home Depot price target raised to $418 from $410 at JPMorgan
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- Home Depot’s Strong Market Position and Growth Potential: A Buy Recommendation by Zachary Fadem
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