Truist Securities Maintains Buy on Home Depot, Lowers Price Target to $396
Portfolio Pulse from Benzinga Newsdesk
Truist Securities maintains a Buy rating on Home Depot but lowers the price target from $406 to $396.
August 01, 2024 | 1:45 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Home Depot but lowers the price target from $406 to $396.
The Buy rating suggests continued confidence in Home Depot's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100