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Wednesday, 08/16/2017 7:14:34 AM

Wednesday, August 16, 2017 7:14:34 AM

Post# of 363598
Home Depot selloff yesterday a buying opportunity, says Citi
Citi analyst Kate McShane views yesterday's post-earnings selloff in shares of Home Depot as a buying opportunity. The company represents one of the last consistent mid-single-digit compers in Broadlines/Hardlines, McShane tells investors in a research note. She expects Home Depot to continue benefiting from home price appreciation and increasing household formation. The analyst keeps a Buy rating on the shares with a $179 price target

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