Telsey Advisory lowered the firm’s price target on Home Depot (HD) to $430 from $455 and keeps an Outperform rating on the shares. The firm believes Home Depot should remain a “long-term winner” in retail despite the near-term being a bit weaker than anticipated, the analyst tells investors.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HD:
- Home Depot Stock (HD) Crashes 6% after Q3 Miss, Retailer Bets on AI
- Home Depot price target lowered to $430 from $475 at DA Davidson
- Home Depot price target lowered to $425 from $450 at Evercore ISI
- Home Depot price target lowered to $376 from $401 at RBC Capital
- Home Depot price target lowered to $406 from $444 at Goldman Sachs
