Wall Street Strategies has issued a report raising Home Depot's HD Price Target from $43.00 to $44.00.
According to the report, "Yesterday's announcement signals a transition in the Home Depot investment thesis from organic growth underlying the stock's performance to a compelling total return profile on the stock (earnings growth, 2.8% dividend yield, cash returned by way of repurchases)."
HD has a Buy Rating and closed at $36.65 yesterday.
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Posted In: Analyst ColorAnalyst RatingsConsumer Discretionaryhome depotHome Improvement RetailWall Street Strategies
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