{"id":55130,"date":"2024-10-03T00:56:49","date_gmt":"2024-10-03T00:56:49","guid":{"rendered":"https:\/?p=55130"},"modified":"2024-10-03T01:17:32","modified_gmt":"2024-10-03T01:17:32","slug":"home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy","status":"publish","type":"post","link":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/","title":{"rendered":"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to “Buy”"},"content":{"rendered":"

Home Depot Inc. (HD)<\/h3>\n

Analyst Upgrades and Ratings:<\/strong><\/p>\n

Gordon Haskett Research Advisors (Analyst Rank#94)<\/a> upgraded Home Depot to a “Buy” rating with a target price set at USD 450. This indicates a belief in significant upside potential from the current price, likely driven by strong financial performance, growth prospects, and strategic initiatives aimed at enhancing customer experience and operational efficiency.<\/p>\n

Current Performance:<\/strong><\/p>\n

Home Depot In<\/a>c. is currently trading at USD 409.05. The stock has shown a healthy upward trend, gaining 2.09% over the past week and 11.00% over the past month. More impressively, it has experienced a substantial increase of 35.38% over the last year. This strong performance reflects investor confidence and a robust operational strategy, particularly in a competitive home improvement retail environment.<\/p>\n

Stock Forecast:<\/strong><\/p>\n

Based on the forecasts of 22 analysts, the average target price for Home Depot over the next 12 months is USD 391.42. Despite being lower than Haskett’s target, this average reflects a generally positive outlook among analysts, culminating in a consensus rating of “Strong Buy.” The bullish sentiment may stem from factors such as strong consumer demand for home improvement products, increasing housing market activity, and effective supply chain management.<\/p>\n

Stock Target Advisor Analysis:<\/strong><\/p>\n

Stock Target Advisor<\/a> provides a slightly more tempered perspective with a “Slightly Bullish” rating for Home Depot. This analysis is based on a balance of 9 positive signals and 5 negative signals. The positive indicators likely reflect the company\u2019s consistent revenue growth, strong profit margins, and effective cost management strategies. Conversely, the negative signals may include broader economic uncertainties, potential supply chain disruptions, and competitive pressures within the retail sector.<\/p>\n

Strategic Positioning:<\/strong><\/p>\n

Home Depot’s recent initiatives, such as investment in technology for e-commerce, enhancement of customer service, and expansion of its product offerings, position the company favorably in a market that increasingly prioritizes convenience and a diverse range of home improvement solutions. Furthermore, with ongoing trends in home renovations and DIY projects, particularly post-pandemic, Home Depot stands to benefit from sustained demand in these categories.<\/p>\n

Outlook:<\/b><\/p>\n

Home Depot Inc.<\/a> represents a compelling investment opportunity with a strong performance history and favorable analyst ratings. The recent upgrade to a “Buy” rating from Gordon Haskett, alongside a robust long-term growth outlook, reinforces the belief that the company is well-positioned for continued success. However, investors should remain mindful of the mixed signals reflected in Stock Target Advisor\u2019s assessment and consider broader market conditions that could impact the retail sector. Overall, with strong fundamentals and strategic growth initiatives, Home Depot appears to be a solid choice for investors looking to capitalize on trends in the home improvement market.<\/p>\n

We have a special offer! For a limited time, you can get 70% off Stock Target Advisor\u2019s premium features. Claim your\u00a0discount<\/a>\u00a0here!<\/p>\n

\"Promotion<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home Depot Inc. (HD) Analyst Upgrades and Ratings: Gordon Haskett Research Advisors (Analyst Rank#94) upgraded Home Depot to a “Buy” rating with a target price…<\/p>\n","protected":false},"author":3,"featured_media":44209,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"image","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-55130","post","type-post","status-publish","format-image","has-post-thumbnail","hentry","category-blog","post_format-post-format-image"],"acf":[],"yoast_head":"\nHome Depot: Gordon Haskett Gets Bullish With a Upgrade to "Buy" | Stock Target Advisor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to "Buy"\" \/>\n<meta property=\"og:description\" content=\"Home Depot Inc. (HD) Analyst Upgrades and Ratings: Gordon Haskett Research Advisors (Analyst Rank#94) upgraded Home Depot to a “Buy” rating with a target price...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/\" \/>\n<meta property=\"og:site_name\" content=\"Stock Target Advisor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-03T00:56:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T01:17:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2023\/12\/Home-Depots-7-Straight-Earnings-Beats-and-Exciting-Future.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"STA Research\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:site\" content=\"@AdvisorTarget\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"STA Research\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/\"},\"author\":{\"name\":\"STA Research\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\"},\"headline\":\"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to “Buy”\",\"datePublished\":\"2024-10-03T00:56:49+00:00\",\"dateModified\":\"2024-10-03T01:17:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/\"},\"wordCount\":460,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"articleSection\":[\"Market News & Insights\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/\",\"name\":\"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to \\\"Buy\\\" | Stock Target Advisor\",\"isPartOf\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\"},\"datePublished\":\"2024-10-03T00:56:49+00:00\",\"dateModified\":\"2024-10-03T01:17:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to “Buy”\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#website\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"name\":\"Stock Target Advisor\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#organization\",\"name\":\"Stock Target Advisor\",\"alternateName\":\"STA\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"contentUrl\":\"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg\",\"width\":\"225\",\"height\":\"225\",\"caption\":\"Stock Target Advisor\"},\"image\":{\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/StockTargetAdvisor\/\",\"https:\/\/twitter.com\/AdvisorTarget\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae\",\"name\":\"STA Research\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g\",\"caption\":\"STA Research\"},\"description\":\"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.\",\"url\":\"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to \"Buy\" | Stock Target Advisor","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/","og_locale":"en_US","og_type":"article","og_title":"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to \"Buy\"","og_description":"Home Depot Inc. (HD) Analyst Upgrades and Ratings: Gordon Haskett Research Advisors (Analyst Rank#94) upgraded Home Depot to a “Buy” rating with a target price...","og_url":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/","og_site_name":"Stock Target Advisor","article_publisher":"https:\/\/www.facebook.com\/StockTargetAdvisor\/","article_published_time":"2024-10-03T00:56:49+00:00","article_modified_time":"2024-10-03T01:17:32+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-content\/uploads\/2023\/12\/Home-Depots-7-Straight-Earnings-Beats-and-Exciting-Future.jpg","type":"image\/jpeg"}],"author":"STA Research","twitter_card":"summary_large_image","twitter_creator":"@AdvisorTarget","twitter_site":"@AdvisorTarget","twitter_misc":{"Written by":"STA Research","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#article","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/"},"author":{"name":"STA Research","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae"},"headline":"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to “Buy”","datePublished":"2024-10-03T00:56:49+00:00","dateModified":"2024-10-03T01:17:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/"},"wordCount":460,"commentCount":0,"publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"articleSection":["Market News & Insights"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/","url":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/","name":"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to \"Buy\" | Stock Target Advisor","isPartOf":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website"},"datePublished":"2024-10-03T00:56:49+00:00","dateModified":"2024-10-03T01:17:32+00:00","breadcrumb":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/home-depot-gordon-haskett-gets-bullish-with-a-upgrade-to-buy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.stocktargetadvisor.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Home Depot: Gordon Haskett Gets Bullish With a Upgrade to “Buy”"}]},{"@type":"WebSite","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#website","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","name":"Stock Target Advisor","description":"","publisher":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.stocktargetadvisor.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#organization","name":"Stock Target Advisor","alternateName":"STA","url":"https:\/\/www.stocktargetadvisor.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/","url":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","contentUrl":"http:\/\/stocktargetadvisor.com\/wp-content\/uploads\/2019\/10\/STAlogo.jpeg","width":"225","height":"225","caption":"Stock Target Advisor"},"image":{"@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/StockTargetAdvisor\/","https:\/\/twitter.com\/AdvisorTarget"]},{"@type":"Person","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/e15ebb81d4f6861fcecbe1abc54e1cae","name":"STA Research","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.stocktargetadvisor.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/13a95c75b44f95ead23f47f0bf10667e57b44ec5150180c8a39a39361cf56169?s=96&d=mm&r=g","caption":"STA Research"},"description":"STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.","url":"https:\/\/www.stocktargetadvisor.com\/blog\/author\/sta-research\/"}]}},"_links":{"self":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/55130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/comments?post=55130"}],"version-history":[{"count":2,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/55130\/revisions"}],"predecessor-version":[{"id":55138,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/posts\/55130\/revisions\/55138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media\/44209"}],"wp:attachment":[{"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/media?parent=55130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/categories?post=55130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stocktargetadvisor.com\/blog\/wp-json\/wp\/v2\/tags?post=55130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}