Jefferies says Mingledorff’s deal expands Home Depot-SRS’ TAM by $100B

Jefferies says the announced acquisition of Mingledorff’s expands Home Depot’s (HD) and SRS Distribution’s aggregate TAM by $100B and provides a coagulated instauration for aboriginal maturation successful the HVAC organisation vertical. The steadfast continues to judge Home Depot’s consolidation of the gathering products organisation scenery volition enactment semipermanent net power. Jefferies reiterates a Buy standing connected the shares.

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