We're talking about Home Depot and Best Buy.
Wall street analysts feel good about one of our retail stocks but apprehensive about another. The news on Home Depot Telsey Advisory Group, a leader in retail industry analysis, upgraded Home Depot stock to a buy-equivalent outperform on Friday. The research firm also increased its 12-month price target to $455 per share from $360, implying nearly 14% upside from Thursday's close. Home Depot is set to report third quarter results before Tuesday's opening bell.
A Home Depot store in Washington, DC, US, on Monday, Aug. 12, 2024. Home Depot Inc. is scheduled to release earnings figures on August 13.Wall street analysts feel good about one of our retail stocks but apprehensive about another.
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