DA Davidson and RBC Capital Markets Lower Price Targets for Home Depot After Earnings
Following its Q1 earnings release, DA Davidson analyst Michael Baker reduced his price target for The Home Depot (HD) to $377 from $445 while maintaining a Buy rating. Similarly, RBC Capital's Steven Shemesh cut the firm’s price target on HD to $340 from $377 and kept a Sector Perform rating due to weak housing turnover and cost outlook.
Tickers: $HD