UBS Maintains Buy on Home Depot, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Lasser maintains a Buy rating on Home Depot (NYSE:HD) and raises the price target from $400 to $425.
August 14, 2024 | 1:05 pm
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POSITIVE IMPACT
UBS analyst Michael Lasser maintains a Buy rating on Home Depot and raises the price target from $400 to $425.
The raised price target and maintained Buy rating from a reputable analyst at UBS is likely to positively impact Home Depot's stock price in the short term as it reflects confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100