Wells Fargo Maintains Overweight on Home Depot, Raises Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem has maintained an Overweight rating on Home Depot (NYSE:HD) and raised the price target from $345 to $360.
August 16, 2023 | 11:32 am
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POSITIVE IMPACT
Home Depot's price target has been raised from $345 to $360 by Wells Fargo, maintaining an Overweight rating.
The raised price target and maintained Overweight rating by Wells Fargo indicates a positive outlook for Home Depot. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100