Home Depot stock climbs as mortgage rates ease and Wall Street looks to Feb. 24 earnings
Home Depot shares rose 1.2% to $385.69 in Wednesday afternoon trading as 30-year mortgage rates slipped to 5.96%, according to NerdWallet. Wolfe Research trimmed its price target by $1 to $414 ahead of the company’s Feb. 24 earnings release. CFO Richard McPhail acquired 144.776 stock units on Jan. 31, per SEC filings.