TD Cowen Maintains Outperform on Home Depot, Raises Price Target to $440
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko maintains an Outperform rating on Home Depot (HD) and raises the price target from $415 to $440.

March 04, 2024 | 1:23 pm
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TD Cowen analyst Max Rakhlenko maintains an Outperform rating on Home Depot and raises the price target from $415 to $440.
The increase in price target by TD Cowen reflects a positive outlook on Home Depot's future performance. This adjustment is likely to instill confidence in investors, potentially leading to a short-term increase in the stock price. The Outperform rating reaffirms the analyst's positive view on the company, further supporting the potential for stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100