The Home Depot Announces Second Quarter Results; Updates Fiscal Year 2018 Guidance

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Go back to The Home Depot Announces Second Quarter Results; Updates Fiscal Year 2018 Guidance

Home Depot (HD) PT Raised to $203 at Piper Jaffray

August 14, 2018 1:22 PM EDT

Piper Jaffray analyst Peter Keith raised the price target on Home Depot (NYSE: HD) to $203.00 (from $199.00) while maintaining a Neutral rating.

Keith noted a solid Q2 with no signs of slowing in the remodeling market. That said, he sees risk/reward as balanced.

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Home Depot (HD) PT Raised to $218 at RBC Capital

August 14, 2018 1:05 PM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on Home Depot (NYSE: HD) to $218.00 (from $216.00) while maintaining an Outperform rating following strong Q2 results.

Ciccarelli said the meaningful Q2 rebound and strong results should alleviate concerns over a slowdown in home improvement activity.

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Home Depot (HD) Tops Q2 EPS by 21c, Beats on Revenues; Lifts FY18 EPS Growth Guidance

August 14, 2018 6:02 AM EDT

(Updated - August 14, 2018 6:13 AM EDT)

Home Depot (NYSE: HD) reported Q2 EPS of $3.05, $0.21 better than the analyst estimate of $2.84. Revenue for the quarter came in at $30.46 billion versus the consensus estimate of $30.01 billion.

"We were very pleased with our record second... More