Bernstein Initiates Coverage On Home Depot with Market Perform Rating, Announces Price Target of $451
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Dean Rosenblum has initiated coverage on Home Depot with a Market Perform rating and set a price target of $451.
October 22, 2024 | 10:02 am
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NEUTRAL IMPACT
Bernstein has initiated coverage on Home Depot with a Market Perform rating and a price target of $451, indicating a neutral outlook.
The Market Perform rating suggests that Home Depot's stock is expected to perform in line with the market. The price target of $451 provides a specific valuation benchmark. This neutral rating implies no significant short-term price movement is expected based on this analysis alone.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100