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Fly News Breaks for February 22, 2017
HD
Feb 22, 2017 | 07:29 EDT
UBS analyst Michael Lasser raised his price target on Home Depot to $160 from $150 following Q4 results. The analyst cited solid results in a challenging retail environment, which he sees as indicating the home improvement cycle remains in full swing. Comps and big ticket items improved and looking ahead the guidance looks reasonable and achievable, said Lasser, who reiterated his Buy rating on Home Depot shares.
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