DA Davidson Maintains Buy on Home Depot, Raises Price Target to $466
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker maintains a Buy rating on Home Depot and raises the price target from $430 to $466.
October 25, 2024 | 5:17 pm
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POSITIVE IMPACT
DA Davidson analyst Michael Baker has reiterated a Buy rating for Home Depot and increased the price target from $430 to $466, indicating a positive outlook for the stock.
The reaffirmation of a Buy rating and an increased price target from a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100