Truist Securities Maintains Buy on Home Depot, Raises Price Target to $417
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Scot Ciccarelli has maintained a Buy rating on Home Depot (NYSE:HD) and increased the price target from $386 to $417. This adjustment reflects a positive outlook on the company's stock performance.
April 01, 2024 | 12:44 pm
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Truist Securities has reaffirmed its Buy rating on Home Depot and raised the price target to $417, indicating a positive outlook on the stock.
The increase in the price target by Truist Securities suggests a strong confidence in Home Depot's future performance. This endorsement from a reputable analyst is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 90
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