1 Wall Street Analyst Thinks Home Depot Stock Is Going to $323. Is It a Sell Around $380?
The U.S. housing market might be thriving, but some experts are bearish on one of its chief beneficiaries in the retail space. One recent sign of this was a mid-February recommendation downgrade on Home Depot (NYSE: HD) from an international banking group tracking the stock.
That bank's price target of $323 is down quite some distance from its recent trading level around $378, which is just 1.5% off all-time highs. Here's a look at whether it might be worthwhile to sell at that price.
Global Research's Daniela Breithauer downshifted her Home Depot recommendation to reduce (sell, in other words) from her former tag of hold. Somewhat atypically, in doing so the pundit maintained her price target, which was and remains $323 per share.
Source Fool.com
HSBC Holdings plc Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the HSBC Holdings plc stock is not clear.
However, we have a potential of -3.28% for HSBC Holdings plc as the target price of 8 € is below the current price of 8.27 €.
