Home Depot: 2017 And Beyond Look Bright

Home Depot (HD) is higher Friday, thanks in part to a vote of confidence from BMO Capital Markets.

Analyst Wayne Hood and his team reiterated an Outperform rating on the stock Friday and raised their price target from $148 to $155 following meetings with management that left them with greater conviction that, following a strong first quarter, the home improvement retailer can meet or exceed its full-year earnings and sales targets.
Source: Barrons

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