Home Depot (HD) PT Raised to $200 at Deutsche Bank Following Analyst Day; 'Investing from a Positive of Strength'

Home Depot (HD) PT Raised to $200 at Raymond James Following Investor Presentation

December 8, 2017 9:03 AM EST

Raymond James raised its price target on Home Depot (NYSE: HD) to $200.00 (from $180.00) while maintaining a Outperform rating following the company's investor presentation. During the presentation senior management outlined its strategic initiatives for the next three years, including new three-year financial targets, and... More

Home Depot (HD) PT Raised to $215 at BofA/Merrill Lynch Following Investor Day

December 7, 2017 8:58 AM EST

BofA/Merrill Lynch raised its price target on Home Depot (NYSE: HD) to $215.00 (from $190.00) while maintaining a Buy rating.

... More

Home Depot (HD) PT Raised to $170 at Bernstein

December 7, 2017 8:23 AM EST

Bernstein raised its price target on Home Depot (NYSE: HD) to $170.00 (from $162.00) while maintaining a Market Perform rating following the company's analyst day.

Analyst Brandon Fletcher notes that overall, they think the investments dont change HD's fundamental long-term story and theyre... More

Home Depot (HD) PT Raised to $215 at BTIG Post Analyst Day; Investing in Long-Term Growth

December 7, 2017 6:42 AM EST

BTIG analyst Alan Rifkin raised his price target on Home Depot (NYSE: HD) to $215.00 (from $175.00) while maintaining a Buy rating following the company's Analyst Day.

Rifkin notes management presented its One Home Depot strategy that will transform the companys supply chain and accelerate... More

Home Depot (HD) PT Raised to $213 at Citi Following Investor Conference; 'Reaffirmed 2017 Guidance and Introduced New Long-Term Targets'

December 7, 2017 6:19 AM EST

Citi raised its price target on Home Depot (NYSE: HD) to $213.00 (from $180.00) while maintaining a Buy rating, following the company's Investor Conference.

Analyst Kate McShane notes a positive outlook on the shares, following commentary on investor conference that centered on reaffirming 2017 guidance, while... More

Home Depot (HD) PT Raised to $181 at Piper Jaffray Following Analyst Day, 'Best In Class Retailer Getting Better'

December 7, 2017 6:11 AM EST

Piper Jaffray raised its price target on Home Depot (NYSE: HD) to $181.00 (from $168.00) while maintaining a Neutral rating.

Analyst Peter Keith comments "HD is ramping an impressive number of investments to remain at the forefront of Omni-channel migration, not only in home... More

Tech recovers, but not enough to push Wall St. higher

December 6, 2017 7:38 AM EST

By Noel Randewich

(Reuters) - The S&P 500 fell a tiny bit on Wednesday, with Microsoft and other technology stocks making modest gains but not quite offsetting losses in energy shares after oil prices dropped more than 2 percent.

It was the index's fourth straight negative session, the first such streak since March, underscoring investor uncertainty as U.S. Senate Republicans attempt to reconcile their version of a tax-cut bill with that of the House of Representatives.

"It's hard to speculate on what the final bill is going to say," said Sean O'Hara, director at Pacer Financial Inc.

... More

Home Depot sets $15 billion share buyback, investment plan

December 6, 2017 6:25 AM EST

By Sruthi Ramakrishnan

(Reuters) - Home Depot Inc (NYSE: HD) announced a $15 billion share buyback plan on Wednesday and said it would invest in improving its stores to hit a $120 billion annual sales target in the next three years.

The retailer's shares fell 1.4 percent to $180.22 on the New York Stock Exchange as its latest buyback target pointed to a slowdown in the pace of repurchases.

The largest U.S. home improvement store chain said it expects to buy back $12.5 billion over the next three years, compared with the $8... More

Home Depot (HD) Targets 2020 Sales of $114.7-$119.8B, Announces $15B Buyback Plan

December 6, 2017 6:16 AM EST

The Home Depot (NYSE: HD), the world's largest home improvement retailer, will outline today, at its 2017 Investor and Analyst Conference, key strategic priorities and discuss long-term financial targets.

Today's conference will begin at 9 a.m. ET and will be available in its entirety through a live webcast and replay at ir.homedepot.com in the Events & Presentations section.

Strategic Priorities

During today's conference, the Company will provide an update on the five strategic priorities it established in 2015. The Company... More