We recently published Jim Cramer Took A Side On Biggest AI Debate & Discussed These 13 Stocks.
The Home Depot, Inc. (NYSE:HD) is one of the stocks discussed by Jim Cramer
Home improvement retailer The Home Depot, Inc. (NYSE:HD)’s shares have struggled recently. They are down by 15% over the past year and by 9% year-to-date. Piper Sandler discussed the firm on May 15th as it trimmed the share price target to $421 from $422 and kept an Overweight rating on the stock.
The impact of higher gas prices on consumer discretionary spending factored into Piper Sandler’s coverage. Wells Fargo cut The Home Depot, Inc. (NYSE:HD)’s share price target to $375 from $420 and kept an Overweight rating on May 14th. The bank remarked that the firm could suffer due to softness in the discretionary sector.