Goldman Sachs Maintains Neutral on KB Home, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari maintains a Neutral rating on KB Home (NYSE:KBH) but raises the price target from $72 to $82.
September 03, 2024 | 1:40 pm
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Goldman Sachs has maintained a Neutral rating on KB Home but increased the price target from $72 to $82, indicating a positive outlook on the stock's potential.
The increase in price target from $72 to $82 by Goldman Sachs suggests a positive outlook for KB Home, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100