Home Depot shares gain more than 3% after setting FY 2026 outlook and weathering data privacy probe
Home Depot (HD) shares rose over 3% after the company released its financial guidance for FY 2026, despite facing new legal scrutiny over alleged customer data sales. The stock is trading above key moving averages, indicating strong uptrend momentum, though institutional investors have adjusted positions. Analysts offer mixed sentiments, noting both continued growth confidence and risks from legal uncertainties and potential overbought conditions.
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Attributed market update with source link for portfolio context.