Raymond James Maintains Outperform on D.R. Horton, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Buck Horne has maintained an 'Outperform' rating on D.R. Horton (NYSE:DHI) but lowered the price target from $160 to $140.

November 08, 2023 | 1:13 pm
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D.R. Horton's price target has been lowered from $160 to $140 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which might put downward pressure on D.R. Horton's stock price in the short term. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100