Goldman Sachs lowered the firm’s price target on Home Depot (HD) to $409 from $413 but keeps a Buy rating on the shares after its Q4 results. The company affirmed its FY26 guidance, with Q1 EPS expected to be down mid-single-digits before improving throughout the year, the analyst tells investors in a research note. The firm adds that the company is poised to accelerate growth when the macro environment improves but is also well positioned to take share given its ongoing investments and acquisitions.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HD:
- Home Depot price target raised to $445 from $407 at DA Davidson
- Home Depot price target raised to $454 from $424 at Jefferies
- Home Depot price target raised to $424 from $405 at Truist
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories on Feb. 24
- Midday Fly By: Home Depot reports Q4 beat, AMD and Meta expand partnership
