Home Depot stock named a ‘top pick' for 2024: find out more

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”. ...