Wedbush Reiterates Underperform on D.R. Horton, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless reiterates an Underperform rating on D.R. Horton (DHI) with a maintained price target of $130.
April 18, 2024 | 1:23 pm
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Wedbush analyst Jay McCanless reiterates an Underperform rating on D.R. Horton with a maintained price target of $130.
The reiteration of an Underperform rating by a prominent analyst could lead to negative sentiment among investors, potentially impacting D.R. Horton's stock price in the short term. The maintained price target of $130 suggests that the analyst sees limited upside potential or further downside from the current trading level, reinforcing the negative outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100