Morgan Stanley Maintains Overweight on Home Depot, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simeon Gutman maintains an Overweight rating on Home Depot (NYSE:HD) and raises the price target from $320 to $350.
August 16, 2023 | 12:50 pm
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Home Depot's price target has been raised from $320 to $350 by Morgan Stanley, which maintains an Overweight rating on the stock.
The raised price target by Morgan Stanley indicates a positive outlook for Home Depot's stock. 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