Home Depot (HD) PT Lowered to $323 at Piper Sandler

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Go back to Home Depot (HD) PT Lowered to $323 at Piper Sandler

Home Depot (HD) downgraded at Raymond James as risk-reward 'more balanced'

November 16, 2022 11:20 AM EST

Raymond James analyst Bobby Griffin downgraded Home Depot (NYSE: HD) to Market Perform from Outperform without a price target in a note Wednesday following the company's earnings release.

Griffin told investors the firm is "taking a breather" on the stock and sees its risk-reward as more balanced.

"Our change in opinion is not a reflection of... More