Home Depot price target raised to $377 from $363 at RBC Capital

RBC Capital raised the firm’s price target on Home Depot (HD) to $377 from $363 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. The company is executing well, but the lack of catalysts to drive improved housing turnover is resulting in a muted EPS growth outlook, the analyst tells investors in a research note. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipRanks >> Read More on HD: ...

Home Depot price target raised to $377 from $363 at RBC Capital - Reportify