RBC Capital Downgrades KB Home to Underperform, Announces $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded KB Home from Sector Perform to Underperform, setting a price target of $70.
September 05, 2024 | 12:05 pm
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RBC Capital has downgraded KB Home from Sector Perform to Underperform, with a new price target of $70. This downgrade may indicate potential challenges or a less favorable outlook for KB Home in the near term.
The downgrade from RBC Capital suggests a less favorable outlook for KB Home, which could lead to a decrease in investor confidence and a potential decline in stock price. The $70 price target provides a specific valuation expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100