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Fly News Breaks for February 20, 2018
HD
Feb 20, 2018 | 08:15 EDT
Baird analyst Peter Benedict noted Home Depot reported Q4 earnings that indicated a solid finish to a strong year. The analyst noted the earnings upside driven primarily by better comps and also sees some conservatism in its guidance, which he believes will move higher as the year progresses. Benedict reiterated his Outperform rating and $220 price target on Home Depot and would use any weakness as a buying opportunity.
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