Barclays Maintains Overweight on KB Home, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on KB Home (NYSE:KBH) but lowers the price target from $62 to $57.
October 12, 2023 | 6:28 pm
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NEUTRAL IMPACT
Barclays maintains an Overweight rating on KB Home but lowers the price target from $62 to $57.
While Barclays maintains an Overweight rating on KB Home, indicating a positive outlook, the lowering of the price target from $62 to $57 could create some uncertainty among investors. This might lead to short-term volatility in the stock price, but the overall impact is neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100