Home Depot (HD) PT Raised to $218 at RBC Capital
RBC Capital analyst Scot Ciccarelli raised the price target on Home Depot (NYSE: HD) to $218.00 (from $216.00) while maintaining an Outperform rating following strong Q2 results.
Ciccarelli said the meaningful Q2 rebound and strong results should alleviate concerns over a slowdown in home improvement activity.