The stock market fell on Friday as investors monitored developments in the Middle East and evaluated potential future ...

Investing.com - TD Cowen has reiterated its Buy rating and $470.00 price target on Home Depot (NYSE: HD), currently valued at $351 billion in market cap, following reports that the home improvement ...

According to InvestingPro data, Home Depot is currently trading near its 52-week low, with a solid financial health score of "GOOD." The potential acquisition represents Home Depot's continued push to ...

Investing.com - Truist Securities maintained its buy rating and $417.00 price target on Home Depot (NYSE: HD), currently valued at $350 billion in market cap, following the retailer's approximately $5 ...

Home Depot (NYSE: HD) is in the spotlight after reportedly entering a competitive bidding process to acquire GMS (NYSE: GMS), a major U.S. building-products distributor specializing in drywall ...

Investing.com - TD (TSX: TD) Cowen has reiterated its Buy rating and $470.00 price target on Home Depot (NYSE: HD), currently valued at $351 billion in market cap, following reports that the home ...

The GMS acquisition would provide Home Depot with additional distribution capabilities and accelerate its expansion into the complex professional contractor segment, according to Truist's analysis.

That's after roofing-products distributor QXO Inc. said it made an unsolicited bid of around $5 billion for GMS, or $95.20 in cash. Home Depot's stock was down slightly while QXO's stock rose 3%.

In corporate news, GMS surged 28 percent amid a reported bidding war between QXO and Home Depot, lifting related building stocks like Bluelinx Holdings (+9 percent) and Installed Building Products ...

GMS's market surge has captivated investors, adding a staggering quarter of its value overnight. This jump follows QXO's retreat, paving the way for speculation about Home Depot's interest. During ...