Evercore ISI Group Maintains Outperform on Home Depot, Lowers Price Target to $390
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Home Depot (NYSE:HD) but lowers the price target from $420 to $390.
May 15, 2024 | 1:21 pm
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Evercore ISI Group analyst Greg Melich maintains an Outperform rating on Home Depot but lowers the price target from $420 to $390.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100