Truist Securities Maintains Buy on Home Depot, Raises Price Target to $348
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Scot Ciccarelli has maintained a 'Buy' rating on Home Depot (NYSE:HD) and raised the price target from $318 to $348.
July 14, 2023 | 2:06 pm
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Home Depot's price target has been raised from $318 to $348 by Truist Securities, which maintains a 'Buy' rating on the stock.
The raised price target indicates that the analyst believes Home Depot's stock has potential for growth. This positive outlook could influence investors to buy the stock, potentially driving up its price in the short term.
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