Dow futures rise 105 pts; Target earnings, housing data in spotlight

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Home Depot sell-off may create short-term buying opportunity for Lowe's - Bernstein

May 17, 2023 11:32 AM EDT

Bernstein analyst Dean Rosenblum cut the firm's price target on Home Depot (NYSE: HD) to $314 from $333, maintaining a Market Perform rating on the stock in a note Wednesday.

The analyst also told investors in his note that the HD sell-off may have created a short-term tactical buying opportunity for Lowe's Cos.... More

TJX Cos. (TJX) PT Raised to $96 at JPMorgan, 'Separating From the Pack'

May 17, 2023 10:15 AM EDT

JPMorgan raised the price target on TJX Cos. (NYSE: TJX) to $96.00 (from $95.00) while maintaining a Overweight rating.

The analyst comments "Looking Ahead to The Back Half: Mgmts guidance implies a 2H24 comp assumption of +2-3% Y/Y (consistent with 1H) and translating into a ~4% 2H 4-year... More

Home Depot (HD) stock downgraded at CFRA on near-term headwinds

May 17, 2023 8:23 AM EDT

CFRA analyst Ana Garcia downgraded Home Depot (NYSE: HD) shares to Hold from Buy following yesterdays earnings report.

The stock closed 2.15% lower on Tuesday as earnings showed demand softness. The new price target for HD stock is $306 per share, down from the... More