Barclays Maintains Overweight on D.R. Horton, Raises Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on D.R. Horton (DHI) and raises the price target from $166 to $186.
April 04, 2024 | 2:06 pm
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Barclays analyst Matthew Bouley maintains an Overweight rating on D.R. Horton and raises the price target from $166 to $186.
The increase in the price target by Barclays, a major financial institution, reflects a positive outlook on D.R. Horton's stock. This endorsement, especially with an Overweight rating, suggests confidence in the company's future performance and potential for stock price appreciation. Investors often react positively to such analyst upgrades, which can lead to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100