Barclays Maintains Overweight on D.R. Horton, Lowers Price Target to $176
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Overweight rating on D.R. Horton (DHI) but lowers the price target from $186 to $176.
April 19, 2024 | 12:31 pm
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Barclays maintains an Overweight rating on D.R. Horton but lowers the price target from $186 to $176.
While the reduction in the price target could suggest a more cautious outlook on D.R. Horton's stock value, the maintenance of an Overweight rating indicates a continued positive view on the company's prospects. This mixed signal could lead to a neutral short-term impact on the stock as investors weigh the lowered price target against the analyst's overall bullish stance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100