Telsey Advisory Group says it’s moving to the sidelines on Home Depot and Lowe’s . Analyst Joseph Feldman downgraded both stocks to market perform from outperform. He maintained his price target for Home Depot shares at $315, which implies 4.3% downside from Monday’s close. He also kept his price target […]
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Renovation financing startup RenoFi raised $14 million in Series A funding led by Canaan, with Nyca Partners and CMFG Ventures participating. Why it matters: The company aims to make the surging demand for home improvements affordable by providing financing to its customers. Context: The renovation market is being driven by […]
East Meadow-based Alure Home Improvements has been acquired by Audax Private Equity. Terms of the deal were not disclosed. Alure was one of three regional companies folded into the newly formed Renovo Home Partners, headquartered in Dallas. The other two firms now under the Renovo umbrella are Dreamstyle Remodeling from […]
