Wells Fargo raised the firm’s price target on KB Home to $70 from $65. The firm is constructive on KB’s Q1. Tone was also upbeat, and shares should slightly outperform, Wells says. However, at about $70, the firm sees neutral risk-reward.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on KBH:
- Options Volatility and Implied Earnings Moves Today, March 20, 2024
- Options Volatility and Implied Earnings Moves This Week, March 18 – March 21, 2024
- KB Home (KBH) Q1 Earnings Cheat Sheet
- NAR settlement a ‘major boost’ for homebuilders, says Evercore ISI
- KB Home Director Brian Niccol to Exit Board in 2024
Questions or Comments about the article? Write to editor@tipranks.com