Piper Sandler analyst Peter Keith lowered the firm’s price target on Home Depot (HD) to $435 from $455 and keeps an Overweight rating on the shares following Q4 earnings and 2025 guidance. The firm notes the company reported a solid Q4, with its first positive comp since Q3 2022, as hurricane benefit and F/X headwind essentially offset one another. However, the 2025 guide was below expectations driven by a full year comp outlook of +1%.
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