D.R. Horton shares are trading lower after Barclays maintained an Overweight rating on the stock but lowered its price target from $150 to $130.
Portfolio Pulse from Benzinga Newsdesk
Barclays has maintained an Overweight rating on D.R. Horton's stock but reduced its price target from $150 to $130. This has led to a decrease in D.R. Horton's share price.
October 12, 2023 | 5:59 pm
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D.R. Horton's stock price is trading lower after Barclays lowered its price target from $150 to $130, despite maintaining an Overweight rating.
Barclays' decision to lower its price target on D.R. Horton's stock, despite maintaining an Overweight rating, indicates a less optimistic outlook for the company's stock price in the short term. This has led to a decrease in D.R. Horton's share price.
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IMPORTANCE 80
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