Is Home Depot Going to $450? 1 Wall Street Analyst Thinks So.

Falling interest rates should be good news for the home improvement retailer.Home Depot (HD -0.78%) has struggled in recent years with a sluggish housing market. Sales and profits are down following a boom during the pandemic, and there's not much management can do to correct that.However, the stock has begun to return toward its previous heights on bets that falling interest rates will drive a rebound in the housing market benefiting the retailer, and one Wall Street analyst just upgraded the stock on that ...