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Fly News Breaks for February 26, 2020
HD
Feb 26, 2020 | 09:18 EDT
Loop Capital analyst Laura Champine raised her price target on Home Depot to $240 after its Q4 earnings beat and above-consensus FY20 guidance, also reflecting the shift in her valuation model to FY21. The analyst still keeps her Hold rating however and contends that the management's "slightly more conservative" outlook is warranted by the potential disruption related to coronavirus and "distraction" coming with the election year.