Message Font: Serif | Sans-Serif
No. of Recommendations: 0
keeps on going

7/10/01 8:35 am. HOME DEPOT (HD 45.99) LEHMAN UPGRADES TO STRONG BUY FROM BUY. Analyst Alan Rifkin tells salesforce after being somewhat cautious for past 1-1/2 years, upgrades HD. Has increased confidence in $1.23 FY 02 (Jan), $1.50 FY 02 EPS estimates. Says comps poised to accelerate in 2H, as aggressive Fed provides backdrop. Notes easier sales, lumber comps also contribute; longer term, thinks appliances can contribute 1%-2% to comps. Says HD's new initiative poised for chainwide rollout, believes it will drive average ticket, improve service, boost comps. Says mgmt team strong despite recent retirements. Has $55 target.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.