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大行评级|花旗:重申家得宝“买入”评级 目标价上调至415美元

Big Bank Ratings | Citibank: Reiterates Home Depot's “Buy” Rating Target Price Increase to $415

Gelonghui Finance ·  Feb 23 11:30
Glonghui, Feb. 23 | Citibank released a report stating that Home Depot's fourth fiscal quarter results were basically in line with market expectations. It is expected that the company's initial guidance for this year will be viewed as conservative, especially for same-store sales to resume in the second half of the year, as lower interest rates should help stimulate demand for housing and increase demand for large-scale projects and large product categories. The bank believes that if the macro background is conducive to the release of suppressed demand, it seems more appropriate to deploy Home Depot stocks this year. The bank reaffirmed its “buy” rating and raised the target price from $333 to $415.

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