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Home Depot (HD) Shares Rally 4% on Earnings Beat, Results Seen as Strong

Go back to Home Depot (HD) Shares Rally 4% on Earnings Beat, Results Seen as Strong

Home Depot (HD) PT Lowered to $400 at Jefferies

May 18, 2022 8:09 AM EDT

Jefferies analyst Jonathan Matuszewski lowered the price target on Home Depot (NYSE: HD) to $400.00 (from $420.00) while maintaining a Buy rating following earnings.

The analyst commented, "Following our initial take on 1Q results, we came away from the earnings call with the view... More

Here's Which 3 Tech Stocks Hedge Funds Were Selling the Most in Q1

May 17, 2022 7:23 AM EDT

As expected, the recent 13F filings showed that hedge funds were exiting the crowded long-tech positions and were investing instead in energy companies to capitalize on the higher oil and gas prices.

Overall, investors cut their tech exposure by 1.4%, according to the data provided by Bloomberg. Microsoft (NASDAQ: MSFT), PayPal (NASDAQ:... More