Citigroup Maintains Buy on Forestar Group, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Buy rating on Forestar Group (NYSE:FOR) but lowers the price target from $46 to $43.
July 02, 2024 | 6:29 pm
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Citigroup analyst Anthony Pettinari maintains a Buy rating on Forestar Group but lowers the price target from $46 to $43.
The maintained Buy rating suggests continued confidence in Forestar Group's performance, but the lowered price target indicates some caution about its near-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100