Home Depot price target raised to $377 from $363 at RBC Capital

RBC Capital raised the firm’s price target connected Home Depot (HD) to $377 from $363 and keeps a Sector Perform standing connected the shares aft its Q4 net beat. The institution is executing well, but the deficiency of catalysts to thrust improved lodging turnover is resulting successful a muted EPS maturation outlook, the expert tells investors successful a probe note.

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• Home Depot terms people raised to $415 from $400 astatine Mizuho

• Home Depot terms people raised to $390 from $381 astatine Bernstein

• Home Depot terms people raised to $425 from $400 astatine Guggenheim

• Home Depot terms people raised to $420 from $395 astatine Wells Fargo

• Home Depot: Strong Q4 Performance and Pro-Customer Momentum Support Buy Rating Despite Near-Term Margin Pressures