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Telsey Advisory Remains a Buy on Home Depot (HD)

Tipranks - Tipranks - Thu Aug 13, 10:00AM CDT

Telsey Advisory analyst Joe Feldman maintained a Buy rating on Home Depot today and set a price target of $410.00.

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According to TipRanks, Feldman is a 4-star analyst with an average return of 6.1% and a 52.85% success rate. Feldman covers the Consumer Cyclical sector, focusing on stocks such as Best Buy Co, Five Below, and Dick’s Sporting Goods.

In addition to Telsey Advisory, Home Depot also received a Buy from Wells Fargo’s Zachary Fadem in a report issued yesterday. However, today, Bernstein maintained a Hold rating on Home Depot (NYSE: HD).

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Based on Home Depot’s latest earnings release for the quarter ending May 3, the company reported a quarterly revenue of $41.77 billion and a net profit of $3.29 billion. In comparison, last year the company earned a revenue of $39.86 billion and had a net profit of $3.43 billion

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