Loop Capital Upgrades Home Depot to Buy, Raises Price Target to $460
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has upgraded Home Depot from Hold to Buy and increased its price target from $360 to $460, indicating a positive outlook for the company's stock.
October 09, 2024 | 11:35 am
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Loop Capital has upgraded Home Depot from Hold to Buy and increased its price target from $360 to $460, suggesting a positive short-term outlook for the stock.
The upgrade from Hold to Buy by Loop Capital, along with a significant increase in the price target, indicates a strong positive sentiment towards Home Depot's stock. This is likely to attract investor interest and potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100