Stocks
Home Depot Receives Moderate Buy Rating from Analysts
The Home Depot, Inc. (NYSE:HD) has received a consensus recommendation of 'Moderate Buy' from thirty-two analysts covering the stock, according to Marketbeat.
This rating comes after several research firms weighed in on HD. Bank of America initiated coverage with a 'buy' rating and $374 price objective, while Wells Fargo & Company raised its price target from $360 to $400 and gave an 'overweight' rating.
The average 12-month target price among analysts is $373.14, according to Marketbeat. Home Depot has set its FY 2026 guidance at 14.69-15.28 EPS, and sell-side analysts predict the company will post 15.01 EPS for the current fiscal year.