Loop Capital Maintains Hold on Home Depot, Raises Price Target to $360
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Hold rating on Home Depot while raising its price target from $330 to $360, indicating a positive outlook on the stock.
September 17, 2024 | 12:58 pm
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Loop Capital has maintained a Hold rating on Home Depot and increased the price target from $330 to $360, suggesting a positive outlook.
The increase in price target from $330 to $360 by Loop Capital suggests a positive outlook for Home Depot, which could lead to a short-term increase in stock price. The Hold rating indicates a neutral stance, but the raised target reflects confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100