Home Depot lifts profit forecast as housing market strengthens

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Morgan Stanley Remains Bullish on Lowe's Cos. (LOW) Following 2Q

August 18, 2016 11:41 AM EDT

Morgan Stanley reiterated an Overweight rating and $87.00 price target on Lowe's (NYSE: LOW) following the company's 2Q earnings report.

Analyst Simeon Gutman commented, "Q2 was a setback for the LOW story, but we remain OW as we see a stock in a... More

Nomura Securities Reiterates Buy on Home Depot (HD) Following In-Line 2Q Report

August 17, 2016 10:21 AM EDT

Nomura Securities reiterated a Buy rating and $155.00 price target on Home Depot (NYSE: HD) following the company's 2Q earnings report. HD reported EPS in-line with consensus estimates.

Nomura commented, "HD reported 2Q16 EPS of $1.97, in line with our est. and consensus. We were... More

Wedbush Remains Sidelined on Home Depot (HD) - PT to $145

August 17, 2016 9:19 AM EDT

Wedbush reiterated a Neutral rating on Home Depot (NYSE: HD), and raised the price target to $145.00 (from $140.00), following the company's 2Q earnings report. HD reported a solid 4.7% comp, just below consensus' 4.8% estimate.

Analyst Seth Basham commented, "HD delivered a solid, largely in-line quarter... More