Guggenheim downgrades Home Depot on margin expansion concerns

On Tuesday, Guggenheim analyst Steven Forbes downgraded shares of Home Depot to 'neutral' from 'buy' on concerns over margin expansion in 2020, and removed his $230 price target on the stock. The Final Round panel, comprised of Jen Rogers, Myles Udland and Heidi Chung, takes a deep dive into Forbes' note, which focuses on Home Depot's $5.4 billion multi-year investment plan.