Home Depot, Lowe's and Loop Capital
Here's why Loop Capital Markets upgraded Home Depot and Lowe's to 'buy'
Laura Champine, Loop Capital director of research, joins 'Power Lunch' to discuss her firm upgrading Home Depot and Lowe's, why it may take a while to see gains in the home improvement sector, and more.
Loop Capital Upgrades Home Depot (HD)
Fintel reports that on October 9, 2024, Loop Capital upgraded their outlook for Home Depot (NYSE:HD) from Hold to Buy. Analyst Price Forecast Suggests 5.94% Downside As of September 25, 2024, the average one-year price target for Home Depot is $391.
Loop Capital raises Home Depot, Lowe's on bottoming demand
Loop Capital has also raised its fiscal 2025 estimates due to extreme weather events and the easing interest rate cycle. They project Home Depot's earnings per share (EPS) for fiscal 2025 to exceed consensus estimates by 44 cents, while Lowe's EPS is estimated to be six cents above consensus.
Home Depot and Lowe's upgraded to buy at Loop Capital
Loop Capital Markets on Wednesday upgraded home improvement retailers Home Depot (NYSE:HD) and Lowe's (NYSE:LOW) to 'buy' from 'hold' following recent store checks and management conversations. LOOP's price target on HD is raised from $360 to $460,
Loop Capital Upgrades Lowe's Companies (LOW)
Fintel reports that on October 9, 2024, Loop Capital upgraded their outlook for Lowe's Companies (NYSE:LOW) from Hold to Buy. Analyst Price Forecast Suggests 4.87% Downside As of September 25, 2024, the average one-year price target for Lowe's Companies is $263.
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Is Home Depot Stock Going to $460? 1 Wall Street Analyst Thinks So.
Home Depot has a history of raising its dividend. Home Depot stock is near an all-time high, but it may have more ...
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Home Depot (HD) Receives a Hold from Loop Capital Markets
Loop Capital Markets analyst Laura Champine reiterated a Hold rating on Home Depot (HD – Research Report) today and set a price target of $360.00. The company’s shares closed yesterday at $382 ...
Home Depot, Lowe's, Southwest Airlines, Chewy: Calls in focus
Morning Brief Hosts Seana Smith and Brad Smith dive into analyst calls moving stocks on Wednesday morning. Loop Capital ...
Kelly Financial Services LLC Raises Stake in The Home Depot, Inc. (NYSE:HD)
Kelly Financial Services LLC boosted its holdings in shares of The Home Depot, Inc. (NYSE:HD – Free Report) by 10.6% during ...
Home Depot’s Growth and Resilience: A Bullish Buy Rating with a Raised Target Price
Mizuho Securities analyst David Bellinger has reiterated their bullish stance on HD stock, giving a Buy rating on October 9. David Bellinger ...
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Behind the Scenes of Home Depot's Latest Options Trends
An analyst from Loop Capital has decided to maintain their Hold rating on Home Depot, which currently sits at a price ...
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Loop Capital maintains Hold rating on Home Depot shares
Loop Capital has maintained a Hold rating on Home Depot (NYSE: NYSE:HD) but raised the price target from $330.00 to $360.00. The adjustment reflects a revised growth outlook for the recently ...
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