Home Depot (HD) Tops Q4 EPS by 5c; offers FY2024 Guidance

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Go back to Home Depot (HD) Tops Q4 EPS by 5c; offers FY2024 Guidance

These analysts are buying the reset and dip in Home Depot (HD), here's why

February 21, 2024 2:00 PM EST

Analysts at Wells Fargo and JPMorgan are bullish on Home Depot (NYSE: HD) following the initial pullback in its share price in reaction to its earnings release on Tuesday.

After opening lower, HD shares managed to close the session 0.06% higher following the release.

That initial decline prompted JPMorgan analyst Christopher Horvers to state the company's... More