What 25 Analyst Ratings Have To Say About Home Depot
Portfolio Pulse from Benzinga Insights
In the last quarter, 25 analysts have provided ratings for Home Depot (NYSE:HD), with 7 being bullish, 8 somewhat bullish, and 10 indifferent. The average 12-month price target for Home Depot is $340.8, an increase of 4.41% from the previous average price target of $326.40.
September 08, 2023 | 5:01 pm
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POSITIVE IMPACT
Home Depot has received a mix of bullish and indifferent ratings from analysts, with an increased 12-month price target.
The increased 12-month price target and the majority of bullish to somewhat bullish ratings indicate a positive outlook for Home Depot. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100