Evercore ISI Group Maintains Outperform on KB Home, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Stephen Kim has maintained an Outperform rating on KB Home (NYSE:KBH) and increased the price target from $67 to $76.
January 11, 2024 | 8:06 pm
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POSITIVE IMPACT
Evercore ISI Group analyst Stephen Kim reaffirmed an Outperform rating on KB Home and raised the price target to $76, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a strong conviction in the company's future performance, which is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100