Piper Sandler Maintains Overweight on Home Depot, Raises Price Target to $455
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Peter Keith maintains an Overweight rating on Home Depot and raises the price target from $387 to $455.
September 30, 2024 | 1:21 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Piper Sandler has increased its price target for Home Depot from $387 to $455, maintaining an Overweight rating. This suggests a positive outlook for Home Depot's stock.
The increase in price target from $387 to $455 by Piper Sandler indicates a strong positive sentiment towards Home Depot's future performance. The Overweight rating suggests that the analyst expects the stock to outperform the market. This is likely to have a positive impact on Home Depot's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100