Wedbush Maintains Neutral on KB Home, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has maintained a Neutral rating on KB Home (NYSE:KBH) but increased the price target from $55 to $60.
January 11, 2024 | 2:51 pm
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Wedbush analyst Jay McCanless maintains a Neutral rating on KB Home but raises the price target from $55 to $60, indicating a potential upside from the current price.
The increase in price target by Wedbush suggests that the analyst sees potential for the stock to rise to the new target of $60. While the rating remains Neutral, the raised target could lead to positive investor sentiment in the short term, potentially driving the stock price up.
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IMPORTANCE 75
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