
Home Depot HD.N said on Tuesday it will keep prices unchanged despite U.S. tariffs, but the company might make some products unavailable at the home-improvement chain
HD also reported first-quarter sales above estimates
Median PT of 41 brokerages covering the stock is $420 - LSEG data
MARGIN RISKS
RBC ("sector perform," PT: $399) highlights ongoing weakness in large financed home projects and warns of potential margin pressure in H2 as co avoids broad price hikes despite rising import costs
Bernstein ("market perform," PT: $398) sees moderate tariff risks for co but expects subdued home improvement demand
BofA Global Research ("buy," PO: $450) sees co gaining market share growth in professional services and effective tariff management, with interest rate cuts boosting big-ticket home improvement projects
TD Cowen ("buy," PT: $470) is bullish on co for its Pro strength and SRS gains, but flag softening Pro demand given lower consumer confidence