Home Depot, Lowe's may signal more pain from muted consumer spending, housing demand

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Go back to Home Depot, Lowe's may signal more pain from muted consumer spending, housing demand

Citi Mixed on Home Depot (HD), 'We expect HD shares to trade flattish today'

November 14, 2023 7:12 AM EST

Citi analyst Steven Zaccone reiterated a Neutral rating and $333.00 price target on Home Depot (NYSE: HD).

The analyst comments "HD reported roughly in-line results with Street & market expectations 3Q EPS slightly beat the Street, SSS came in at -3.1% (-3.5% in the... More

Goldman Sachs Positive on Home Depot (HD), 'We expect a positive reaction to the better-than-expected results'

November 14, 2023 7:11 AM EST

Goldman Sachs analyst Kate McShane reiterated a Buy rating and $350.00 price target on Home Depot (NYSE: HD).

The analyst comments "We expect a positive reaction to the better-than-expected results (vs. consensus) and narrowed FY23 guidance, in which management raised the... More

Stifel Cautious on Home Depot (HD) Following Earnings, 'we are cautious'

November 14, 2023 7:09 AM EST

Stifel analyst W. Andrew Carter reiterated a Hold rating and {REMOVEPT} price target on Home Depot (NYSE: HD).

The analyst comments "We continue with our Hold rating for the shares of Home Depot and $306 target price. We derive our target price by assigning an 18x P/FY25E EPS multiple, which represents a... More