Truist Securities Maintains Buy on Home Depot, Raises Price Target to $372
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Scot Ciccarelli has maintained a 'Buy' rating on Home Depot (NYSE:HD) and raised the price target from $348 to $372.
August 16, 2023 | 2:32 pm
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Home Depot's price target has been raised from $348 to $372 by Truist Securities, which maintains a 'Buy' rating on the stock.
The raised price target indicates that the analyst believes Home Depot's stock has potential for further growth. This positive outlook could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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