Home Depot Inc(NYSE:HD) shares were climbing in early trading on Wednesday, despite the company reporting disappointing first-quarter sales.
The results came amid an exciting earnings season. Here are some key analyst takeaways.
Truist Securities On Home Depot
AnalystScot Ciccarellireiterated a Buy rating while cutting the price target from $417 to $406.
Home Depot reported its first-quarter results broadly in line with expectations, with comps down 2.8%, Ciccarelli said. While the company was tracking short of expectations for most of the quarter, "trends improved as Spring weather arrived later in April," he added.
Comps for Complex Pros were...
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