What did Jefferies change in the HD analyst rating on Feb. 24, 2026?

Jefferies maintained a **Buy** on The Home Depot, Inc. (HD) and raised the **price target to $454** from $424 on Feb. 24, 2026, according to TheFly. This is a confirmation rather than a directional rating shift.

Does the Jefferies action count as an HD upgrade or HD downgrade?

No. Jefferies did not upgrade or downgrade HD. The firm maintained its **Buy** rating while increasing the **price target to $454**, which signals stronger upside assumptions but not a rating change.

How should investors interpret the HD analyst rating change for portfolio action?

Treat the maintained **Buy** and higher **price target** as supportive evidence to hold or add on weakness. Align any action with your time horizon, risk tolerance, and exposure to consumer cyclical stocks.

Where can I read the original analyst note and market context for this HD analyst rating?

Jefferies’ price target update is reported by TheFly, and broader market context that day appeared on CNBC. See the Jefferies item on TheFly and market coverage on CNBC for details.

Analyst Ratings

Jefferies Maintains Buy on The Home Depot, Inc. (HD) Feb 24 2026

ByHuzaifa Zahoor February 25, 2026February 25, 2026

Jefferies maintained a Buy on The Home Depot, Inc. (HD) on Feb. 24, 2026. The firm also raised its price target to $454 from $424. This move is a clear signal in the current HD analyst rating landscape, coming the day after Home Depot reported an earnings beat. Investors should see the note as a confirmation of resilience in sales and margins, not a directional change in sentiment.