UBS Believes Home Depot (HD) Won’t Stop Here


In a report released today, Michael Lasser from UBS maintained a Buy rating on Home Depot (NYSE: HD), with a price target of $225. The company’s shares closed yesterday at $199.21, close to its 52-week high of $207.61.

According to TipRanks.com, Lasser is a 4-star analyst with an average return of 6.2% and a 59.3% success rate. Lasser covers the Services sector, focusing on stocks such as Dollar General, O’Reilly Auto, and Costco.

Home Depot has an analyst consensus of Strong Buy, with a price target consensus of $210.10.

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The company has a one-year high of $207.61 and a one-year low of $144.25. Currently, Home Depot has an average volume of 4.73M.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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