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Home Depot Could Hammer Out Gains With Pro Expansion, Analyst Says
Benzingaยท 2025-11-13 18:56
Home Depot Inc. (NYSE:HD) reports its third-quarter earnings on November 18 and is expected to follow with an update on its strategic priorities and long-term base-case outlook at its December Analyst Conference.Bank of America analyst Robert F. Ohmes maintains his Buy rating on Home Depot, with a price forecast of $450.Bank of America expects Home Depot to post a 1.3% comparable sales increase in the third quarter of 2026, slightly above the 1.0% reported in the previous quarter. Noting that the Bloomberg ...