Home Depot (HD) PT Lowered to $370 at Gordon Haskett
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Go back to Home Depot (HD) PT Lowered to $370 at Gordon Haskett
August 14, 2024 6:30 AM EDT
RBC Capital analyst Steven Shemesh lowered the price target on Home Depot (NYSE: HD) to $363.00 (from $377.00) while maintaining a Sector Perform rating.
The analyst comments "The comp miss and guidance revision were largely anticipated and ultimately make for a better setup... More
August 14, 2024 6:06 AM EDT
Evercore ISI analyst Greg Melich lowered the price target on Home Depot (NYSE: HD) to $400.00 (from $415.00) while maintaining a Outperform rating.
The analyst comments "Negative comp store traffic for 13 straight quarters hurts. The housing led (started in 2006) Global Financial Crisis period witnessed 16 straight quarters. While the magnitude of the drop since the COVID/stimulus... More
August 14, 2024 5:30 AM EDT
Telsey analyst Joseph Feldman reiterated a Market Perform rating and $360.00 price target on Home Depot (NYSE: HD).
The analyst comments "TAG View: Home Depot reported 2Q24 adjusted EPS of $4.67, beating our estimate of $4.64 and the FactSet (FS) consensus of $4.53, driven by sales of $43.2B (TAG $42.7B; FS $42.6B) that were boosted by $1.3B for the six weeks since acquiring SRS Distribution... More
August 14, 2024 5:28 AM EDT
Wolfe Research analyst Chris Bottiglieri lowered the price target on Home Depot (NYSE: HD) to $392.00 (from $401.00) while maintaining a Outperform rating.
The analyst comments "We are Outperform rated on Home Depot. Home Improvement is a more resilient category versus areas like... More
