Bullish options flow was detected in HD stock in early trading on January 16, 2020.

On January 14, 2020, William Blair analyst Ryan Merkel says that Home Depot (HD), according to his contacts, has elected to stay with Fiberon’s Veranda as its stocked low-end decking line. The analyst thinks the primary reason is Home Depot’s caution around Trex Company (TREX) having enough immediate capacity to fill demand.

On December 12, 2019, Credit Suisse analyst Seth Sigman upgraded Home Depot to Outperform from Neutral with a price target of $235, up from $225. In a research note to investors, Sigman says he believes Home Depot offers an attractive risk/reward after its recent pullback and Wednesday’s guidance reset, with optionality on improving external and internal drivers in FY20. Beyond that, Sigman says he firmly believes in this team, and the initiatives aimed to expand its reach to new customer segments and categories, while leveraging its stores, building a differentiated omnichannel and digital experience and creating the fastest delivery network that will widen its moat over time.

finviz dynamic chart for  hd
The Home Depot News From Google