D.R. Horton shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and lowered the price target from $181 to $156.
Portfolio Pulse from Benzinga Newsdesk
D.R. Horton shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and lowered the price target from $181 to $156.
July 02, 2024 | 11:50 am
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D.R. Horton shares are trading lower following a downgrade by Citigroup from Buy to Neutral, with a reduced price target from $181 to $156.
The downgrade by Citigroup from Buy to Neutral and the significant reduction in the price target from $181 to $156 are likely to negatively impact investor sentiment and lead to a short-term decline in D.R. Horton's stock price.
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IMPORTANCE 80
RELEVANCE 100