Wall Street Strategies Raises HD PT To $44

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.