Citigroup Maintains Buy on D.R. Horton, Raises Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Buy rating on D.R. Horton (NYSE:DHI) and raises the price target from $166 to $191.
April 05, 2024 | 3:44 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on D.R. Horton and increases the price target from $166 to $191.
The upgrade in the price target by a significant margin from $166 to $191 by Citigroup, a major financial institution, is a strong positive signal to the market. This adjustment reflects an optimistic outlook on D.R. Horton's future performance, likely driven by strong fundamentals or market position. Such endorsements from reputable analysts can lead to increased investor confidence and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100