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Home Depot price target raised to $465 from $460 at Loop Capital
The Fly

Home Depot price target raised to $465 from $460 at Loop Capital

Loop Capital raised the firm’s price target on Home Depot (HD) to $465 from $460 and keeps a Buy rating on the shares. The company reported better than expected Q3 results, and the firm is turning more bullish on sales trends as the Fed moves to lower interest rates, the analyst tells investors in a research note. Loop adds that the recent storms will also drive a future demand lift.

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