This Is What Whales Are Betting On D.R. Horton
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on D.R. Horton (NYSE:DHI), with 70% of recent trades being bearish. The targeted price range for D.R. Horton over the last 3 months is $120.0 to $135.0. The current price of DHI is up 2.09% at $129.1. Citigroup and Goldman Sachs have maintained their Buy and Neutral ratings on D.R. Horton, respectively, with price targets of $140 and $126.
July 14, 2023 | 5:31 pm
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NEGATIVE IMPACT
A significant investor has taken a bearish stance on D.R. Horton, with 70% of recent trades being bearish. The targeted price range for D.R. Horton over the last 3 months is $120.0 to $135.0. The current price of DHI is up 2.09% at $129.1.
The bearish stance taken by a significant investor indicates a potential downward pressure on the stock price. The targeted price range also suggests a potential downside from the current price. However, the stock price is currently up, indicating some positive sentiment in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100