Telsey Advisory Group Maintains Market Perform on Home Depot, Maintains $360 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained a 'Market Perform' rating on Home Depot (NYSE:HD) and has also maintained a price target of $360 for the company's stock.
May 14, 2024 | 12:04 pm
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NEUTRAL IMPACT
Home Depot's stock rating was reaffirmed as 'Market Perform' by Telsey Advisory Group, with a consistent price target of $360, indicating a neutral outlook on the stock's short-term movement.
The reaffirmation of the 'Market Perform' rating and the maintenance of the $360 price target by Telsey Advisory Group suggests a neutral impact on Home Depot's stock in the short term. This indicates that the analyst sees the stock performing in line with the market, without significant positive or negative movements expected based on this analysis.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90