Truist Securities Maintains Buy on Home Depot, Raises Price Target to $455
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Home Depot and raised its price target from $395 to $455, indicating confidence in the company's future performance.
October 14, 2024 | 2:29 pm
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Truist Securities has maintained a Buy rating on Home Depot and increased its price target from $395 to $455, suggesting a positive outlook for the company's stock.
The increase in the price target from $395 to $455 by Truist Securities indicates a strong positive sentiment towards Home Depot's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100