Wells Fargo Boosts Home Depot Price Target to $400.00

Wells Fargo & Company has raised its price target for Home Depot (NYSE:HD) stock to $400.00 from $360.00, with a potential upside of 14.21% from the company's previous close.

The brokerage firm maintains an 'overweight' rating on the home improvement retailer's stock.

Eighteen research analysts have rated Home Depot with a Buy rating, while thirteen have assigned a Hold rating and one has assigned a Sell rating, resulting in a consensus rating of 'Moderate Buy' and a price target of $373.14.