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UBS Raises Its Price Target for Home Depot

UBS Raises Its Price Target for Home Depot

On June 20, UBS raised its price target for Home Depot (HD) from $212 to $225 and maintained its “buy” rating. The new price target represents a rise of 13.0% from the current stock price. Of the 35 analysts that follow Home Depot, 77.1% are favoring a “buy,” and 22.9% are favoring a “hold.” None of the analysts were favoring a “sell” recommendation.