Home Depot (HD) Raises Quarterly Dividend 10% to $1.65; 2.4% Yield

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RBC Capital Reiterates Outperform Rating on Home Depot (HD)

February 24, 2021 6:49 AM EST

RBC Capital analyst Scot Ciccarelli reiterated an Outperform rating and $323.00 price target on Home Depot (NYSE: HD). 4Q US comps were +~25% for a 3rd straight quarter and QTD trends are likely in the mid-20% range. RBC Capital slightly raised 2021/2022 estimates to $12.65/$13.65 from $12.55/$13.55 due to... More