Wells Fargo Maintains Overweight on D.R. Horton, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid has maintained an Overweight rating on D.R. Horton and increased the price target from $210 to $220.
August 26, 2024 | 12:44 pm
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Wells Fargo has reaffirmed its Overweight rating on D.R. Horton and increased the price target to $220, indicating confidence in the company's future performance.
The increase in price target from $210 to $220 by Wells Fargo suggests a positive outlook on D.R. Horton's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100