Home Depot May Announce More Acquisitions To Grow Pro Business, Analysts Say

Shares of Home Depot Inc. (NYSE:HD) came under pressure in early trading on Wednesday, after the company reported its second-quarter results on Tuesday.

Here are some key analyst takeaways.

Goldman Sachs analyst Kate McShane maintained a Buy rating, while raising the price target from $400 to $444.

Telsey Advisory Group analyst Joseph Feldman reiterated an Outperform rating and price target of $455.

Check out other analyst stock ratings.

Goldman Sachs: Home Depot's stock rose on Tuesday even after the company reported its earnings slightly lower than expected, McShane said. The stock was supported by the company, indicating that it had entered the third ...