The Vetr community has upgraded Home Depot Inc. HD from 3 to 3.5 stars.
Over the past month, Home Depot has traded down about 4 percent. The company has beat on its last three EPS and revenue estimates and will report second-quarter earnings in August.
See how crowdsourced ratings can help predict the market?
Vetr members have given Home Depot a Buy rating and a $158.89 price target. This price target is higher than the $150.04 price target from professional analysts. The company opened Wednesday around $152.
Of all Vetr voters, 66.7 percent believe traders should buy Home Depot stock.
For Vetr’s full analysis of Home Depot, go here.
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