BTCC / BTCC Square / Global Cryptocurrency /
JPMorgan Adjusts Home Depot and Lowe’s Price Targets Ahead of Q3 Earnings

JPMorgan Adjusts Home Depot and Lowe’s Price Targets Ahead of Q3 Earnings

Published:
2025-11-11 00:11:01
22
2
BTCCSquare news:

JPMorgan's top analyst Christopher Horvers revised price targets downward for Home Depot (HD) and Lowe's (LOW) ahead of their fiscal Q3 earnings. Home Depot's target was cut to $444 from $452, while Lowe's was reduced to $275 from $283—both retaining Buy ratings. The adjustments reflect tempered expectations amid softening comparable sales forecasts.

Home Depot's Q3 earnings, due November 18, are projected at $3.84 EPS and $41.13 billion revenue. Horvers now anticipates U.S. comparable sales growth of just 0.5%, below consensus estimates of 1.5%, citing weaker channel checks and vendor forecasts. The analysis incorporates recent GMS acquisition impacts but maintains Q4 EPS outlooks in line with Street projections.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

All articles reposted on this platform are sourced from public networks and are intended solely for the purpose of disseminating industry information. They do not represent any official stance of BTCC. All intellectual property rights belong to their original authors. If you believe any content infringes upon your rights or is suspected of copyright violation, please contact us at [email protected]. We will address the matter promptly and in accordance with applicable laws.BTCC makes no explicit or implied warranties regarding the accuracy, timeliness, or completeness of the republished information and assumes no direct or indirect liability for any consequences arising from reliance on such content. All materials are provided for industry research reference only and shall not be construed as investment, legal, or business advice. BTCC bears no legal responsibility for any actions taken based on the content provided herein.