BofA analyst Rafe Jadrosich raised the firm’s price target on D.R. Horton to $196 from $168 and keeps a Buy rating on the shares following quarterly results. Stronger deliveries and gross margin beat drove upside vs. BofA’s forecast, the firm pointed out in a research note on Friday. Orders were below consensus, but in-line with BofA’s forecast.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHI:
- Stock Market News Today, 7/19/24 – Indices Fall as Investors Rotate out of Megacaps
- D.R. Horton price target raised to $190 from $168 at BTIG
- D.R. Horton price target raised to $210 from $180 at Wells Fargo
- D.R. Horton price target raised to $217 from $200 at UBS
- D.R. Horton price target raised to $210 from $170 at JMP Securities