Wedbush Maintains Outperform Rating for KB Home: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wedbush maintains its Outperform rating for KB Home (NYSE:KBH) and raises its price target from $55.00 to $64.00. KB Home is an American construction company focusing on residential construction, operating in several markets and targeting first-time and move-up homebuyers.
June 22, 2023 | 5:02 pm
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Wedbush maintains Outperform rating for KB Home and raises its price target from $55.00 to $64.00, a potential 23.22% increase from the current share price.
Wedbush's decision to maintain its Outperform rating and raise the price target for KB Home indicates a positive outlook for the company's stock. The new price target represents a potential 23.22% increase from the current share price, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100