Argus Research Maintains Buy on Home Depot, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Chris Graja maintains a 'Buy' rating on Home Depot (NYSE:HD) but has lowered the price target from $400 to $350.

July 26, 2023 | 4:36 pm
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Home Depot's price target has been lowered from $400 to $350 by Argus Research, though the 'Buy' rating is maintained.
The lowering of the price target by Argus Research could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative sentiment to some extent.
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IMPORTANCE 80
RELEVANCE 100