D.R. Horton price target lowered to $175 from $190 at Wells Fargo

TipRanks

Wed, Dec 18, 2024, 4:26 AM 1 min read

Wells Fargo lowered the firm’s price target on D.R. Horton (DHI) to $175 from $190 and keeps an Overweight rating on the shares. The firm says that amidst late 2024 pessimism, the builder/product playbook for 2025 is complicated. Its strategy is to lean into attractively valued quality; opportunities to move up the risk curve “will eventually materialize but not quite yet.”

Pick the best stocks and maximize your portfolio:

Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on DHI: