Truist raised the firm’s price target on Home Depot (HD) to $459 from $455 and keeps a Buy rating on the shares as part of a broader ...
Valued at a market cap of $385 billion, home improvement retailer Home Depot (HD) is among the largest companies in the world. Over the last two decades, Home Depot has returned 830% to shareholders.
Home Depot is a reasonably safe investment in a recession. However, its slight overvaluation halts our buying proposition.