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Home Depot price target raised to $379 from $350 at Cowen

Home Depot price target raised to $379 from $350 at Cowen

Cowen analyst Max Rakhlenko raised the firm’s price target on Home Depot to $379 from $350 and keeps an Outperform rating on the shares. The analyst said they exemplify best-in-class retail execution with leading Pro share and an accelerating flywheel that should serve the company well into a challenging macro backdrop into 2023.

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