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Home Depot (HD) Gets a Buy from Citi

Tipranks - Tipranks - Fri Aug 14, 11:20AM CDT

In a report released today, Steven Zaccone from Citi maintained a Buy rating on Home Depot, with a price target of $400.00.

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According to TipRanks, Zaccone is a 2-star analyst with an average return of 0.8% and a 49.55% success rate. Zaccone covers the Consumer Cyclical sector, focusing on stocks such as O’Reilly Auto, Advance Auto Parts, and Best Buy Co.

In addition to Citi, Home Depot also received a Buy from Piper Sandler’s Peter Keith in a report issued today. However, yesterday, 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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