Home Depot Price Target Lowered to $344.00

Home Depot (NYSE:HD) saw its price objective lowered to $344.00 by Sanford C. Bernstein, a reduction from the previous target of $354.00.

This change suggests a potential upside of 9.88% from the stock's current price of $313.06.

The brokerage firm currently has a 'market perform' rating on Home Depot's stock.

Sanford C. Bernstein is not alone in adjusting its target price for Home Depot, as several other research analysts have recently issued reports with varying predictions and ratings.

For example, Mizuho increased its target price on shares of Home Depot from $385.00 to $390.00 and gave the company an 'outperform' rating in a report on August 19th.