Home Depot, Inc. (HD) Tops Q1 EPS by 6c; Boosts FY13 Outlook

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Jefferies Bumps PT on Home Depot (HD) to $91

May 22, 2013 9:01 AM EDT

Jefferies raised its price target on Home Depot (NYSE: HD) from $89 to $91 following Q1 results.

Analyst Daniel Binder comments, "Home Depot showed strong comp store sales despite the extreme weather swing y-y, reflecting strong trends in the core business as it executes well... More