Home Depot stock nudges higher after Morgan Stanley lifts target as housing signals loom
New York, Jan 15, 2026, 12:21 EST — Regular session underway. Shares of Home Depot (HD) ticked up 0.5% to $377.75 midday Thursday after Morgan Stanley boosted its price target for the home-improvement giant. The firm raised its 12-month target to $412 from $395, maintaining an “Overweight” rating, indicating it expects HD to outperform its peers. Meanwhile, Lowe’s shares crept up 0.4%, and Sherwin-Williams saw little movement. (TipRanks) This move is significant since Home Depot stands at the crossroads of housing trends, interest rates, and consumer sentiment. Investors have been eager to see if homeowners will kick off larger, financed