This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.
Jefferies says Mingledorff’s deal expands Home Depot-SRS’ TAM by $100B
Jefferies says the announced acquisition of Mingledorff’s expands Home Depot’s (HD) and SRS Distribution’s aggregate TAM by $100B and provides a solid foundation for future growth in the HVAC distribution vertical. The firm continues to believe Home Depot’s consolidation of the building products distribution landscape will support long-term earnings power. Jefferies reiterates a Buy rating on the shares.
Claim 30% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HD:
Disclaimer & DisclosureReport an Issue
- Watsco sinks on fears of rising HVAC competition
- Home Depot subsidiary to acquire wholesale HVAC distributor Mingledorff’s
- Morning News Wrap-Up 3/23/26: Today’s Biggest Stock Market Stories!
- “$1 Billion in Charitable Giving”: Home Depot Stock (NYSE:HD) Clears Milestone, Surges
- Home Depot Stock (NYSE:HD) Drops as New Tools for Pros Swing In
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
