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UBS Reiterates Buy on Home Depot (HD) Following 1Q EPS Beat

May 18, 2016 8:08 AM EDT

UBS reiterated a Buy rating and $150.00 price target on Home Depot (NYSE: HD) following the company's 1Q earnings report. HD reported EPS of $1.44, ahead of the consensus estimate of $1.35. The company raised FY16 EPS guidance to $6.27 (from $6.12-$6.18).

Analyst Michael Lasser commented, "We think HD's 1Q... More