Wedbush Maintains Neutral on LGI Homes, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless maintains a Neutral rating on LGI Homes (NASDAQ:LGIH) and lowers the price target from $97 to $88.
February 21, 2024 | 12:51 pm
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Wedbush analyst Jay McCanless maintains a Neutral rating on LGI Homes and lowers the price target from $97 to $88.
The reduction in price target by Wedbush reflects a negative outlook on LGI Homes' stock price in the short term. A lower price target can often lead to a decrease in investor confidence and potentially a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100