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Fly News Breaks for February 21, 2017
HD
Feb 21, 2017 | 14:08 EDT
Baird analyst Peter Benedict raised his price target for Home Depot to $165 saying the company remains a "core blue-chip holding" following its Q4 results. Home Depot's broad-based sales gains continue, while the dividend raise "adds a leg of support" for mid-teens percent shareholder returns in the coming years, Benedict tells investors in a post-earnings research note. The analyst keeps an Outperform rating on the shares.
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