Home Depot-SRS Deal Expands TAM by $100B, Jefferies Says
ByAinvest
Wednesday, Mar 25, 2026 10:11 am ET1min read
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Jefferies believes Home Depot's acquisition of Mingledorff's expands its total addressable market by $100B and provides a solid foundation for future growth in the HVAC distribution vertical. The firm reiterates a Buy rating on the shares, citing the consolidation of the building products distribution landscape supporting long-term earnings power.
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