We see daily analyst upgrades and downgrades, coming with updated price targets. They can be helpful tools for investors, providing a more structured plan and helping to inject positivity surrounding future performance when raised.Of course, stocks don’t straightforwardly reach price targets, as unforeseen circumstances can always influence performance. Overall, the positive shift in sentiment can be seen as a primary takeaway from these upgrades.  Recently, three stocks – Target (TGT) , Home Depot (HD) , a ...

The market's recent rally has made it much harder to find attractive stock deals if you're a growth-focused investor. The Nasdaq Composite index, home to many growth stocks, has surged by 15% since late October. Percentage gains have been much higher for some individual stocks such as Nvidia.So if you're seeking undervalued options, broadening your investment search beyond the most popular tech stocks can help. Consider the case of Home Depot (HD -0.23%), for example, whose shares are down by more than 10% ...

In the last five years, shares of Home Depot (HD -0.23%) have climbed by 96% (as of Jan. 10), nearly doubling investor capital. This gain beat the 84% rise of the S&P 500 during the same period, proving that even some of the largest and most widely followed businesses can make for solid investment opportunities.This performance might prompt some investors to rush and add Home Depot to their portfolios without hesitation. But before you buy this top retail stock in 2024, here are four things you need to know ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Home Depot. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

With a market capitalization of $345 billion and trailing-12-month revenue of $154 billion, Home Depot (HD -0.23%) is a business that just about every investor is familiar with these days. Through its network of more than 2,000 stores in the U.S., the company sells various home improvement products and supplies.Yet, for all of Home Depot's growth, many investors may not appreciate a specific trait that might just be the key to this top retail stock and its success. Let's take a closer look at what makes Hom ...

Shares of Home Depot Inc. rallied Wednesday, after Wedbush turned bullish on the home improvement retailer, citing the belief that housing-market fundamentals are bottoming.Analyst Seth Basham raised his rating on Home Depot’s stock to outperform, after being at neutral for at least the past two years. He bumped up his stock price target by 15%, to $380 from $330.The stock HD, -0.50% climbed 1.1% toward a three-week high in premarket trading. It has run up 15.7% over the past three months through Tuesday, w ...

The future looks bright for Home Depot, one Wall Street team argued as they lifted their rating on shares of the home-improvement retailer. ...

In the latest market close, Home Depot (HD) reached $347.93, with a +1.46% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 1.41%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 2.2%.The home-improvement retailer's stock has climbed by 5.04% in the past month, exceeding the Retail-Wholesale sector's gain of 2.51% and the S&P 500's gain of 2.9%.Market participants will be closely following the financial results of Home Depot in its upcomi ...

Home Depot Inc (NYSE: HD) has already gained over 20% since late October but a Wells Fargo analyst is convinced it can push further up in the coming months.Home Depot stock has upside to $385Copy link to sectionZachary Fadem named the home improvement retailer a “top pick” for 2024 in his research note on Thursday. His $385 price objective suggests about a 13% upside from here. The analyst is bullish on Home Depot stock as it has “growth/recovery levers, margin recapture, and idiosyncratic Pro opportunity”. ...

Throughout 2023, brick-and-mortar stores went to war with retail theft. According to the National Retail Federation (NRF), organized crime is a $100 billion problem, with cities like San Francisco, Houston, New York City and Seattle bearing the brunt of losses. But heading into the new year, former Home Depot and Chrysler CEO Bob Nardelli warned big-box retail chains and small businesses are likely to see more items stolen off shelves in 2024, and as a result, continue locking products up."Unfortunately, I ...