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Morgan Stanley Expects Solid 1Q14 Earnings Report From HD Supply Holdings

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In a report published Monday, Morgan Stanley analyst Nigel Coe reiterated an Equal-Weight rating and $28.00 price target on HD Supply Holdings (NASDAQ: HDS).

In the report, Morgan Stanley noted, “We expect HDS to report 1Q14 results at the high-end of guidance driven by the continued bounceback in institutional and construction spending. We see scope for FY sales guidance to tick up, though we think that's largely baked into HDS' premium valuation.”

HD Supply Holdings closed on Friday at $27.37.

Latest Ratings for HDS

DateFirmActionFromTo
Jun 2019UpgradesNeutralBuy
Jan 2019UpgradesNeutralOutperform
Dec 2018MaintainsOverweightOverweight

View More Analyst Ratings for HDS
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Nigel CoeAnalyst Color Reiteration Analyst Ratings

 

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Latest Ratings

StockFirmActionPT
XELMaintains60.0
SOMaintains54.0
SREMaintains141.0
EXCMaintains56.0
ESMaintains77.0
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