JPMorgan analyst Christopher Horvers lowered his price target for Home Depot to $241 from $252 following the company's analyst day and keeps an Overweight rating on the name. While the company "has hit some speed bumps" in its strategic plans this year, specifically on the information technology front, its willingness to be deliberate and roll initiatives when fully ready for the customer reflects its commitment to win over the long term, Horvers tells investors in a research note. He likes Home Depot's "more prudent outlook," noting this past year's sales performance versus expectations has been slightly disappointing.