UPDATE: Goldman Sachs Initiates HD Supply at Neutral on Multiple Positive Factors

In a report published Tuesday, Goldman Sachs analyst Joe Ritchie initiates coverage on HD Supply (NASDAQ: HDS ) with a Neutral rating and $23.00 price target. In the report, Goldman Sachs noted, “We initiate coverage of HD Supply with a Neutral rating and a 12-month price target of $23, implying 0%