Home Depot Reaches Analyst Target Price
December 01, 2017 at 09:21 AM EST
In recent trading, shares of Home Depot Inc (HD) have crossed above the average analyst 12-month target price of $177.72, changing hands for $179.82/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..