Wedbush Reiterates Underperform on LGI Homes, Maintains $74 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has reiterated an Underperform rating on LGI Homes (NASDAQ:LGIH) and maintained a price target of $74.

June 06, 2024 | 1:47 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wedbush analyst Jay McCanless has reiterated an Underperform rating on LGI Homes and maintained a price target of $74.
The reiteration of an Underperform rating and a maintained price target of $74 by Wedbush suggests a bearish outlook on LGI Homes. This is likely to negatively impact the stock price in the short term as investors may react to the continued negative sentiment from a reputable analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100