Citigroup Maintains Buy on Forestar Group, Raises Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Anthony Pettinari has maintained a 'Buy' rating on Forestar Group (NYSE:FOR) and raised the price target from $22 to $30.
July 06, 2023 | 12:40 pm
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NEUTRAL IMPACT
Citigroup analyst Anthony Pettinari maintains a 'Buy' rating on Forestar Group and raises the price target.
While Citigroup's actions could influence the market's perception of Forestar Group, it's not directly indicative of Citigroup's own stock performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Forestar Group's price target has been raised from $22 to $30 by Citigroup, maintaining a 'Buy' rating.
The raised price target and maintained 'Buy' rating by Citigroup indicates a positive outlook for Forestar Group. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100