Raymond James Maintains Outperform on KB Home, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Buck Horne has maintained an Outperform rating on KB Home (NYSE:KBH) and increased the price target from $61 to $70.
January 18, 2024 | 9:32 am
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Raymond James has reaffirmed KB Home's Outperform rating and raised the price target from $61 to $70, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Buck Horne from Raymond James typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100