Goldman Sachs Maintains Buy on The Home Depot (HD)

Goldman Sachs is out with its report today on The Home Depot HD, maintaining Buy. In a note to clients, Goldman Sachs writes, "SSS trends continue to suggest fundamental outperformance for HD, as its modest declines stand in contrast to bigger hits for LOW LOW and SHLD SHLD, reflecting solid execution and the gains associated with improving logistics and supply chain. Given suggestions of persistent sales challenges from LOW on its earnings call, we believe commentary on May will be important to support the relatively firm guidance." At the time of posting, shares of HD were trading pre-market at $36.80, down 0.49% from Monday's close.