Wedbush Maintains Neutral on LGI Homes, Raises Price Target to $97
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Jay McCanless has maintained a Neutral rating on LGI Homes (NASDAQ:LGIH) and raised the price target from $89 to $97.
August 04, 2023 | 11:25 am
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NEUTRAL IMPACT
Wedbush analyst has maintained a Neutral rating on LGI Homes and raised the price target from $89 to $97.
The news is directly about LGI Homes and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100