Home Depot: Margin Reacceleration Through Pro Credit Boost

Group 1 - The Home Depot, Inc. is initiated with a Hold rating and a price target of $343, operating the largest home improvement retail chain in the U.S. [1] - The company services both homeowners and a loyal customer base, indicating a strong market position [1]. Group 2 - Moretus Research focuses on U.S. public markets, applying a structured framework to identify companies with durable business models and mispriced cash flow potential [1]. - The research emphasizes rigorous fundamental analysis and a judgment-driven process, avoiding noise and overly complex forecasting [1]. - Valuation is based on sector-relevant multiples tailored to each company's business model, emphasizing comparability and relevance [1].