Home Depot price target raised to $459 from $455 at Truist

Truist analyst Scot Ciccarelli raised the firm’s price target on Home Depot (HD) to $459 from $455 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results among select Consumer names. The monthly raw data sales observations suggest the top-line inflected positive in October for the first time in 2 or more years, representing a “significantly positive data point”, the analyst tells investors in a research note.