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Piper Sandler upgrades Home Depot to Overweight citing bullishness on home improvement By Investing.com

Piper Sandler upgrades Home Depot to Overweight citing bullishness on home improvement By Investing.com

© Reuters. Piper Sandler analysts upgraded Home Depot (NYSE:) from Neutral to Overweight on Tuesday and raised the price target to $400 from $311, citing optimism about home improvement. “We are taking a more bullish stance on home improvement – and more specifically, large remodel projects – as home equity extraction activity (cash-out refi’s + …