D.R. Horton price target raised to $150 from $138 at Barclays

Barclays analyst Matthew Bouley raised the firm’s price target on D.R. Horton to $150 from $138 and keeps an Overweight rating on the shares. The analyst says the post-earnings selloff reflected elevated investor order expectations “that got ahead of themselves.” It views the earnings report as “fundamentally vigorous” in all aspects and increased earnings estimates “sharply.”