TD Cowen Lowers Home Depot (HD) Price Target Amid Housing Market Concerns

The Home Depot, Inc. (NYSE:HD) ranks among the best slow growth stocks to invest in. On November 19, TD Cowen retained its Buy rating on The Home Depot, Inc. (NYSE:HD) but lowered its price target from $470 to $410. The adjustment followed Home Depot’s third-quarter result, which fell short of Street expectations, alongside a reduction in the fourth-quarter forecast and a shift in the company’s macroeconomic outlook. Rob Wilson / Shutterstock.com The Home Depot, Inc. (NYSE:HD) reduced its outlook for fu ...