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Home Depot, Inc. (the) (HD) [hlAlert]

Rating:
Hold HD
up 3.67 %

Home Depot, Inc. (the) (HD) downgraded to Hold by Stifel Nicolaus

Posted on: Thursday,  Feb 21, 2013  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Home Depot, Inc. (NYSE: HD) on 02/21/2013. Previously Stifel Nicolaus rated Buy Home Depot, Inc. (NYSE: HD)
on 11/14/2012., when the stock price was $63.45. Since then, Home Depot, Inc. has gained 3.67% as of 02/21/2013's recent price of $65.78.
If you would have followed the previous Stifel Nicolaus's recommendation on HD, you would have gained 3.67% of your investment in 99 days.

The Home Depot, Inc.is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement and lawn and garden products, and provide a number of services. The Home Depot stores average approximately 105,000 square feet of enclosed space, with approximately 24,000 additional square feet of outside garden area. During the fiscal year ended February 1, 2009 (fiscal 2008), the Company had 2,233 The Home Depot stores located throughout the United States, including the Commonwealth of Puerto Rico and the territories of the United States Virgin Islands and Guam, Canada, China and Mexico. On January 26, 2009, the Company announced the closing of its EXPO, THD Design Center and Yardbirds stores.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2013 8:25 AM Hold
None
65.78
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  6.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/14/2012 9:25 AM Buy
None
63.45 69.00

(*) Stock Price at the time of the recommendation.
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