Jefferies Maintains Buy on Home Depot, Raises Price Target to $384
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Jonathan Matuszewski maintains a 'Buy' rating on Home Depot (NYSE:HD) and raises the price target from $370 to $384.
August 16, 2023 | 4:24 pm
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POSITIVE IMPACT
Jefferies maintains a 'Buy' rating on Home Depot and raises the price target from $370 to $384, which could positively impact the stock price.
The raised price target by Jefferies indicates a positive outlook for Home Depot's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100