B of A Securities Maintains Neutral on KB Home, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on KB Home while raising its price target from $75 to $90.
September 19, 2024 | 5:24 pm
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B of A Securities has maintained a Neutral rating on KB Home, but increased the price target from $75 to $90, indicating a positive outlook despite the neutral stance.
The increase in the price target from $75 to $90 suggests a positive outlook for KB Home's stock, even though the Neutral rating remains unchanged. This could lead to a short-term positive impact on the stock price as investors may interpret the higher price target as a sign of potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100