** Home improvement retailer Home Depot HD.N on Tuesday said Americans are pulling back on remodeling projects amid economic uncertainty and housing affordability pressures

** Co's Q1 sales of $41.77 bln exceeds analysts' estimates of $41.52 bln

** Median PT of 37 brokerages covering the stock is $376 - LSEG-compiled data

HIGH RATES, HIGHER RESILIENCE

** J.P. Morgan ("overweight," PT: $396) says Q2 sales expected to improve on seasonal spring uplift, as the impact from fewer storms in the second half of 2025 fades

** Telsey Advisory Group ("outperform," PT: $435) says HD is gaining market share and executing well despite tough environment, well placed to benefit when housing demand recovers, though rebound may take time

** Piper Sandler ("overweight," PT: $378) points to significant pent-up demand may not materialize until mortgage rates decline

** Jefferies ("buy," PT: $361) says HD expected to keep gaining market share and expanding cross-selling across its Pro segments, even as housing activity remains subdued