National Bank of Canada FI Cuts Stock Position in The Home Depot, Inc. $HD

NodeGuardian · 2026-03-18T06:38:36+00:00

National Bank of Canada FI reduced its stake in Home Depot by 36.5%, selling over 442,000 shares. Meanwhile, other investors increased their holdings, and analysts uphold a "Moderate Buy" rating, with UBS raising the price target to $450 following strong Q4 earnings and a higher dividend announcement.

NodeGuardian

2026-03-18 06:38:36

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National Bank of Canada FI reduced its stake in The Home Depot by 36.5% in the third quarter, selling over 442,000 shares. Despite this, other institutional investors increased their positions, and analysts maintain a “Moderate Buy” rating for Home Depot, with UBS raising its price target to $450. The company recently announced a higher quarterly dividend and reported better-than-expected Q4 earnings.

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