The Home Depot (HD) Price Target Lowered by $20 at Morgan Stanley
Key takeaways
- The Home Depot (HD) Price Target Lowered by $20 at Morgan Stanley Sultan Khalid Mon, May 25, 2026 at 12:21 AM GMT+7 2 min read HD With an annual dividend yield of 2.97%, The Home Depot, Inc.
- (NYSE:HD) is the largest home improvement specialty retailer in the world, engaging in the sale of building materials and home improvement products.
- Similarly, on the same day, Wells Fargo lowered its price target on The Home Depot, Inc.
The Home Depot (HD) Price Target Lowered by $20 at Morgan Stanley Sultan Khalid Mon, May 25, 2026 at 12:21 AM GMT+7 2 min read HD With an annual dividend yield of 2.97%, The Home Depot, Inc. (NYSE:HD) is included among the 12 Best Dividend Stocks to Invest in According to Hedge Funds.
The Home Depot, Inc. (NYSE:HD) is the largest home improvement specialty retailer in the world, engaging in the sale of building materials and home improvement products. The company operates over 2,300 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, Canada, and Mexico.
On May 20, Morgan Stanley trimmed its price target on The Home Depot, Inc. (NYSE:HD) from $420 to $400, while maintaining an ‘Overweight’ rating on the shares. The revised target, which still indicates an upside potential of over 27% from the current levels, comes after the firm “slightly’ reduced its EPS estimates for FY26 and FY27 following the recent Q1 results, in addition to reiterating its guidance for the ongoing year.