Citigroup Raised Its PT For Home Depot To $46, Maintained It
February 24, 2011
Citigroup raised its price target for Home Depot (NYSE:HD) to $46 from $36 and maintained its buy rating.The bank sees 2012 EPS of $2.36, vs. consensus estimates of $2.26 per share, and 2013 EPS of $2.87, vs. consensus estimates of $2.65 per share.Home Depot has a potential upside of 1.4% based on a current price of $37.25 and an average consensus analyst price target of $37.79.