Home Depot (HD) Says on Call May Same-Store Sales Up Double Digits So Far, All U.S. Region Breaking Out With Better Weather

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Bernstein Remains Sidelined on Home Depot (HD) Following 1Q

May 17, 2018 8:25 AM EDT

Bernstein reiterated a Market Perform rating and $212.00 price target on Home Depot (NYSE: HD) following the company's 1Q earnings report. HD posted net revenue of 24.95B, up 4.4% YoY which was below consensus expectations of 25.39B and 25.17B respectively.

The Company guidance... More

RBC Remains Buyers of Home Depot (HD) Following Weather-Impacted Results

May 15, 2018 12:49 PM EDT

RBC Capital analyst Scot Ciccarelli reiterated an Outperform rating and $216 price target on Home Depot (NYSE: HD) saying they remain buyers of the stock following results.

Ciccarelli notes weather headwinds significantly impacted sales of outdoor/seasonal goods. Meanwhile, Q2 is off to... More

Wall St. drops as Treasury yields surge

May 15, 2018 7:42 AM EDT

By Stephen Culp

(Reuters) - A surge in U.S. government bond yields to their highest level in almost seven years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.

All three major U.S. stock indexes closed down, with the S&P 500 ending a four-day winning streak and the Dow Jones Industrial Average posting its first loss in eight sessions.

The yield on 10-year U.S. Treasury notes jumped to its highest level since July 2011,... More