Telsey Advisory Group Reiterates Market Perform on Home Depot, Maintains $315 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has reiterated a 'Market Perform' rating on Home Depot (NYSE:HD) and maintained a price target of $315.
August 15, 2023 | 1:08 pm
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NEUTRAL IMPACT
Home Depot's stock rating has been reiterated as 'Market Perform' by Telsey Advisory Group, with a maintained price target of $315.
The reiteration of the 'Market Perform' rating and the maintenance of the $315 price target by Telsey Advisory Group indicates that the analyst sees the stock performing in line with the market. This is neither a strong buy nor sell signal, hence the neutral score. The relevance is high as the news directly pertains to Home Depot. The importance is moderate as analyst ratings can influence investor sentiment but are not the only factor. The confidence is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100