Oppenheimer Reiterates Outperform on Home Depot, Maintains $360 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Timothy Horan has reiterated an 'Outperform' rating on Home Depot (NYSE:HD) and maintained a price target of $360.
August 09, 2023 | 1:54 pm
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Oppenheimer has reiterated an 'Outperform' rating on Home Depot and maintained a price target of $360.
The reiteration of an 'Outperform' rating by Oppenheimer indicates a positive outlook for Home Depot. The maintained price target of $360 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100