News Formal

Guggenheim downgrades Home Depot, says business investment will prevent margin expansion

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Guggenheim downgraded shares of Home Depot to neutral as the firm expects the home improvement retailer's business investments to weigh on margins.

"We find it difficult to see a path to EBIT margin expansion in 2020 as both a) investment spending and b) the associated D&A drag are poised to ramp," said Guggenheim analyst Steven Forbes in a note to clients on Tuesday.

"We find it difficult to see a path to EBIT margin expansion in 2020 as both a) investment spending and b) the associated D&A drag are poised to ramp," said Guggenheim analyst Steven Forbes in a note to clients on Tuesday. Shares of Home Depot ticked more than 1% lower in extended trading following the downgrade on Tuesday.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stocks making the biggest moves premarket: FedEx, Anheuser-Busch, Home Depot, Shopify & moreThese are the stocks posting the largest moves before the bell.
ソース: CNBC - 🏆 12. / 72 続きを読む »