JP Morgan Maintains Underweight on LGI Homes, Raises Price Target to $105
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Michael Rehaut maintains an Underweight rating on LGI Homes (NASDAQ:LGIH) and raises the price target from $90 to $105.
August 07, 2023 | 3:36 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
JP Morgan maintains an Underweight rating on LGI Homes and raises the price target from $90 to $105.
The news is directly about LGI Homes. JP Morgan's Underweight rating suggests that they expect the stock to underperform compared to the market, but the raised price target indicates a positive outlook. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100