Truist Raises The Home Depot, Inc. (HD) Price Target to $405, Reiterates Buy

We recently published an article titled 9 Best Lumber Stocks to Invest in Now. The Home Depot, Inc. (NYSE:HD) is among the best lumber stocks to invest in now. On January 16, Truist raised its price target on The Home Depot to $405 from $390 and reiterated a Buy rating, citing stable December sales trends and supportive consumer data. The firm highlighted encouraging card data and holiday updates, while also pointing to the potential benefit of higher tax refunds boosting spending in typically slower seas ...