B of A Securities Maintains Buy on D.R. Horton, Lowers Price Target to $168
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Rafe Jadrosich maintains a Buy rating on D.R. Horton (NYSE:DHI) but lowers the price target from $182 to $168.

April 19, 2024 | 5:04 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on D.R. Horton but lowers the price target from $182 to $168.
The adjustment in price target by B of A Securities reflects a recalibration of expectations for D.R. Horton's stock, likely due to market conditions or company performance. While the reduction in price target could suggest a tempered outlook, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors digest the implications of a lower price target against the backdrop of sustained analyst confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100