Home Depot (HD) PT Raised to $190 at Wedbush, 'Good Quarter, Slightly Soft Outlook'

Wedbush raised its price target on Home Depot (NYSE: HD) to $190.00 (from $170.00) while maintaining a Neutral rating.

Analyst Seth Basham liked the quarter and notes that upside could be limited in 2018 on higher interest rates and waning hurricane benefits but remains positive on the company noting strong comps in the midst of modest deceleration and solid execution particularly in merchandising and supply chains.

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