February 22, 2013 at 09:33 AM EST
UPDATE: Jefferies Reiterates Hold Rating, Raises PT on The Home Depot on Current Valuation
In a report published Friday, Jefferies reiterated its Hold rating on The Home Depot (NYSE: HD ), and slightly raised its price target from $58.00 to $59.00. Jefferies noted, “Current valuation suggests meaningful upside to future quarter SSS and EPS. This reflects the market's bullish view on housing, which is
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