Guggenheim Maintains Buy on Home Depot, Raises Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Steven Forbes maintains a Buy rating on Home Depot (NYSE:HD) and raises the price target from $320 to $360.
August 16, 2023 | 5:03 pm
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POSITIVE IMPACT
Guggenheim maintains a Buy rating on Home Depot and raises the price target from $320 to $360, which could positively impact the stock.
The raised price target by Guggenheim indicates a positive outlook for Home Depot. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100