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  • February 6, 2023

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important?

Let’s take a look at what these Wall Street heavyweights have to say about Home Depot (HD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Home Depot currently has an average brokerage recommendation (ABR) of 1.75, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy,

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  • October 2, 2022

Home Depot (HD) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Shares of this home-improvement retailer have returned -6.4% over the past month versus the Zacks S&P 500 composite’s -5.1% change. The Zacks Building Products – Retail industry, to which Home Depot belongs, has lost 4.6% over this period. Now the key question is: Where could the stock be headed in the near term?

Although media reports or rumors about a significant change in a

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