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Home Depot, Inc. (NYSE: HD) upgraded to Buy by Deutsche Bank

Monday,  Jan 25, 2016  1:25 PM ET by Lynn Gilbert

Deutsche Bank upgraded Home Depot, Inc. (NYSE: HD) to Buy. Previously,
Deutsche Bank rated Home Depot, Inc. (NYSE: HD) to Hold with price target $124 on 08/19/2015, when the stock price was valued at $123.21.

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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.



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