Evercore ISI Group Maintains Outperform on Home Depot, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Home Depot (HD) and raises the price target from $420 to $425.
April 02, 2024 | 2:35 pm
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Evercore ISI Group maintains an Outperform rating on Home Depot and raises the price target from $420 to $425.
The increase in price target by a reputable analyst group like Evercore ISI suggests a positive outlook on Home Depot's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100