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Fly News Breaks for August 14, 2019
HD
Aug 14, 2019 | 08:15 EDT
Wells Fargo analyst Zachary Fadem raised his price target for Home Depot to $230 from $215 ahead of quarterly results. The analyst views Q2 challenges as well documented and largely transitory. While tariffs are a wildcard, Fadem sees limited 2019 exposure to List 4, and views the prospects for second half of the year trend improvement as the more incremental driver on earnings day. He reiterates an Outperform rating on the shares.
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