BTIG Maintains Buy on Forestar Group, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Ryan Gilbert maintains a Buy rating on Forestar Group (NYSE:FOR) but lowers the price target from $41 to $37.
July 19, 2024 | 1:57 pm
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NEUTRAL IMPACT
BTIG analyst Ryan Gilbert maintains a Buy rating on Forestar Group but lowers the price target from $41 to $37.
The maintained Buy rating suggests continued confidence in Forestar Group's prospects, but the lowered price target indicates some caution regarding its short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100