Shareholder proposal at Home Depot's 2026 Annual Meeting requests a report on customer data privacy risks tied to automated license plate reader cameras. The proposal focuses on Home Depot's use of Flock Safety systems and the sharing of license plate data with third parties, including local law enforcement. Supporters cite structural, reputational, regulatory, and civil rights concerns, while the Board advises shareholders to vote against the measure. For investors watching NYSE:HD, this...
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A number of stocks fell in the afternoon session after the spike in oil prices threatened to siphon another round of discretionary spending away from store registers.
Bank of America just reset its view on the home improvement sector, and Lowe’s (NYSE:LOW) drew the short straw. On May 5, 2026, the firm reinstated coverage of Lowe’s stock at Neutral with a $260 price target, stepping down from its prior Buy rating. The call functions as a de facto analyst downgrade. The investor ... Lowe’s Just Got Yanked From the BofA Buy List: Is the Home Improvement Trade Stalling?
Bank of America reinstated coverage of Home Depot (NYSE:HD) stock with a Buy rating and a $374 price target on May 5, naming the home improvement giant its preferred stock in the sector. The firm expects Home Depot’s comparable sales growth to outperform the company’s peers, driven by higher Pro customer penetration and traffic trends ... BofA Just Named Home Depot the Top Pick in Home Improvement: Price Target Set at $374
Sophisticated market participants appear to be anticipating a rebound in HD stock. Here’s the quantitative picture that could justify the bullish proposition.
Investing.com -- Bank of America on Tuesday reinstated coverage of Home Depot and Lowe’s at Buy and Neutral, respectively, pointing to Home Depot’s greater exposure to professional contractors as a key differentiator in a still-subdued housing market.