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flag Stifel Nicolaus upgrades Home Depot's stock to "buy," despite Q1 earnings slightly missing expectations.

flag Stifel Nicolaus has upgraded Home Depot's stock rating to "buy" with a target price of $425, indicating a potential 16.14% upside. flag Despite missing earnings per share (EPS) expectations by $0.03, the company reported a 9.4% year-over-year revenue increase. flag Home Depot's current consensus rating is "Moderate Buy" with a target price of $427.92. flag The company also pays an annualized dividend of $9.20, yielding 2.51%.

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