Barclays Maintains Overweight on KB Home, Raises Price Target to $99
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on KB Home (NYSE:KBH) and raised the price target from $78 to $99.
September 25, 2024 | 3:48 pm
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POSITIVE IMPACT
Barclays has reaffirmed its Overweight rating on KB Home and increased the price target from $78 to $99, indicating a positive outlook on the stock.
The increase in price target from $78 to $99 by Barclays suggests a strong positive outlook on KB Home's future performance. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100