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Fly News Breaks for November 13, 2018
HD
Nov 13, 2018 | 10:19 EDT
Loop Capital analyst Laura Champine lowered her price target for Home Depot to $180 from $200 as she moderates long-term sales and margin expectations. Based on updated guidance, the analyst is shaving 20 bps off her Q4 same-store sales estimate, now at 4.8%, and adding a penny in EPS to $2.11 on a better SG&A expense rate. Champine reiterates a Hold rating on the shares.
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