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Fly News Breaks for February 22, 2018
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Feb 22, 2018 | 09:23 EDT
SunTrust analyst Keith Hughes raised his price target on Home Depot to $187 after the company's Q4 earnings beat, with SSS rising 7.5% amid benefits of the hurricane recovery activity. Hughes keeps his Hold rating however, pointing to below-consensus FY18 outlook in spite of the lower tax rate and an extra reporting week. The analyst says he expects to see lower growth rates from Home Depot for the next several years.
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