JMP Securities Reiterates Market Outperform on LGI Homes, Maintains $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Aaron Hecht has reiterated a 'Market Outperform' rating on LGI Homes (NASDAQ:LGIH) and maintained a price target of $160.

December 19, 2023 | 5:17 pm
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JMP Securities analyst Aaron Hecht reaffirmed a 'Market Outperform' rating on LGI Homes, with a steady price target of $160, indicating a positive outlook on the stock.
The reiteration of a 'Market Outperform' rating by a reputable analyst like Aaron Hecht is likely to instill confidence in investors and could lead to a positive short term impact on LGI Homes' stock price. The maintained price target of $160 suggests that the analyst sees significant upside potential from the current trading price, which could encourage investors to maintain or establish positions in LGIH.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100