Truist Securities Maintains Buy on Home Depot, Lowers Price Target to $382
Truist Securities analyst Scot Ciccarelli maintains Home Depot (NYSE:HD) with a Buy and lowers the price target from $400 to $382.
Markets Turn More Bullish Ahead Of Earnings
The CNN Money Fear and Greed index showed an increase in the overall market sentiment after the producer price index.
US major indices rose after the producer price index increased 0.2% for the month of October, compared to market
expectations for a 0.4% rise.
Home Depot’s Debt Overview
Over the past three months, shares of Home Depot's Inc. (NYSE:HD) decreased by 2.83%. Before having a look at the importance of debt, let's look at how much debt Home Depot's has.
Is The Housing Market Crashing? What Home Depot Says Is Happening Across The US
Investors look to home remodeling retailers Lowe's Companies Inc. (NYSE: LOW) and Home Depot Inc. (NYSE: HD) for information on the
Home Depot Reaffirms FY22 Guidance, Sees Comparable Sales Growth ~3%
Fiscal 2022 Guidance
The Company reaffirmed fiscal 2022 guidance of:
Comparable sales growth of approximately 3.0 percent
Operating margin of approximately 15.4 percent
Net interest expense
Nasdaq, S&P 500 Futures Skyrocket After Tamer PPI Data That Confirms Slowing Inflation, Walmart’s Beat-And-Raise Q3
The index futures are solidly higher in premarket trading on Tuesday, as stocks strive to return to winning ways amid lingering hopes of a Fed pause.
Investor Optimism Eases Ahead Of Retail Earnings
The CNN Money Fear and Greed index showed some easing in the overall market sentiment as US stocks dropped to start the week.
The S&P 500 jumped around 5.9% last week, recording its best weekly surge since June.
Earnings Scheduled For November 15, 2022
Companies Reporting Before The Bell
• Alkaline Water Co (NASDAQ:WTER) is likely to report quarterly loss at $0.05 per share on revenue of $18.31 million.
Will Home Depot, Lowe’s Earnings Reveal A Housing Market Correction?
A long-dreaded nightmare might be coming true for the housing sector.