Keefe, Bruyette & Woods Maintains Outperform on D.R. Horton, Lowers Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods analyst Jade Rahmani has maintained an Outperform rating on D.R. Horton (NYSE:DHI) but reduced the price target from $175 to $172.

January 24, 2024 | 2:53 pm
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NEUTRAL IMPACT
D.R. Horton's Outperform rating is maintained by Keefe, Bruyette & Woods, but the price target is lowered from $175 to $172.
The reduction in price target by Keefe, Bruyette & Woods could have a neutral to slightly negative short-term impact on D.R. Horton's stock price as it suggests a minor adjustment in valuation expectations. However, the maintenance of an Outperform rating indicates a continued positive outlook on the company's performance, which could balance out any negative reaction to the price target change.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100