JP Morgan Maintains Overweight Rating On Home Depot, Inc. (HD)

Analysts at JP Morgan have released an update on Home Depot, Inc. HD. Earlier today, the company reported its first-quarter results. Home depot reported first-quarter EPS of $0.45, which was ahead of analysts’ estimate of $0.42 and consensus of $0.40. The company raised its FY10 GAAP EPS guidance to $1.88. Following the first-quarter results, analysts at JP Morgan have reiterated their Overweight rating for Home Depot, Inc.