TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Walmart & Home Depot.
Benedict believes that the management's unchanged outlook for the second half of this year reflects the possibility that the company expects some protection from any significant change in price-related demands through the rest of this year. .
The analyst is also confident that the company's strategic investments will bear fruit."While HD has been realizing benefits from several of its strategic investments , momentum should continue to build asReiterating a buy rating on and raising the price target to $360 from $335, Benedict anticipates that the strategic investments made by the company last year will bolster its leadership position in the market and lead to share gains.
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