Analyst Expectations for Home Depot's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided ratings for Home Depot (NYSE:HD) within the last quarter, with a total of 23 ratings. The average price target is $346.52, implying an upside from the current price of $293.0. This average has increased by 5.71% from the previous average price target of $327.79.
October 04, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts' average price target for Home Depot is $346.52, implying an upside from the current price of $293.0. This average has increased by 5.71% from the previous average price target of $327.79.
The average price target given by analysts suggests a potential upside for Home Depot's stock. This, combined with the fact that the average has increased from the previous quarter, indicates a positive sentiment among analysts towards the stock. Therefore, it's likely that the stock price may increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100