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Home Depot Shares Tank On Outlook, Analysts Remain Bullish
Despite a solid fourth-quarter report, Home Depot (NYSE:HD) shares declined due to its outlook, but analysts remain bullish, reiterating Buy or Outperform ratings and raising price targets. They highlighted the company’s strong performance, progress on “PRO ecosystem” initiatives, and potential for share capture in 2026 and beyond, even amidst macro-related issues and initial guidance suggesting modest comp growth.