Navigating 24 Analyst Ratings For Home Depot
Portfolio Pulse from Benzinga Insights
Home Depot (NYSE:HD) has received mixed analyst ratings over the past three months, with a majority being bullish. The average 12-month price target has increased by 7.39% to $411.29. Analysts have adjusted their ratings and price targets, reflecting their views on Home Depot's market position and financial performance.
October 28, 2024 | 1:00 pm
News sentiment analysis
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POSITIVE IMPACT
Home Depot has received a mix of bullish and somewhat bullish ratings from analysts, with an increase in the average price target to $411.29. This reflects positive sentiment and confidence in Home Depot's market position and financial performance.
The majority of analysts have given Home Depot a bullish rating, and the average price target has increased by 7.39%, indicating positive sentiment. This suggests a likely positive impact on Home Depot's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100