Truist raised the firm’s price target on Home Depot (HD) to $417 from $393 and keeps a Buy rating on the shares. The company’s Q1 results were “solid” as comps accelerated throughout the quarter following a slow start, the analyst tells investors in a research note. The management also exuded confidence that they can manage today’s tariff environment and hit their full year forecasts without notably raising prices, the firm added.
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