Goldman Sachs Maintains Neutral on KB Home, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari has maintained a Neutral rating on KB Home (NYSE:KBH) and increased the price target from $61 to $70.
March 22, 2024 | 3:35 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on KB Home but raises the price target from $61 to $70.
The increase in price target by Goldman Sachs suggests a positive outlook on KB Home's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or valuation, which could lead to increased investor interest and potentially a rise in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100