RBC Capital raised the company’s financing target price at Home Depot (high definition) to $377 from $363 and maintains a sector perform rating for the stock after it beat its fourth-quarter earnings. The company is performing well, but a lack of catalysts to drive higher housing turnover is resulting in subdued earnings per share (EPS) growth prospects, the analyst tells investors in a research note.
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Home Depot price target raised to $415 from $400 at Mizuho
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Home Depot price target raised to $390 from $381 at Bernstein
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Home Depot price target raised to $425 from $400 at Guggenheim
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Home Depot price target raised to $420 from $395 at Wells Fargo
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Home Depot: Strong Q4 Performance and Pro-Customer Momentum Support Buy Rating Despite Near-Term Margin Pressures