JP Morgan Maintains Neutral on KB Home, Raises Price Target to $70.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut has maintained a Neutral rating on KB Home (NYSE:KBH) and increased the price target from $68.5 to $70.5.

March 27, 2024 | 10:45 am
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JP Morgan analyst Michael Rehaut has maintained a Neutral rating on KB Home but raised the price target from $68.5 to $70.5.
The increase in price target by JP Morgan, despite maintaining a Neutral rating, suggests a positive adjustment in the valuation of KB Home. This could lead to a short-term positive sentiment among investors, potentially pushing the stock price up as the market adjusts to the new price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100