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Home Depot's Strategic Expansion and Stock Performance
Financial Modeling Prep· 2026-03-25 05:02
Home Depot (NYSE:HD) receives an "Outperform" rating from UBS and ventures into the HVAC distribution market through the acquisition of Mingledorff's Inc.The acquisition is expected to expand Home Depot's total addressable market by approximately $100 billion, enhancing its services for professional contractors.Home Depot's stock price stands at $330.91, with a market capitalization of approximately $329.4 billion.Home Depot (NYSE:HD) is a leading home improvement retailer, providing a wide range of product ...