B. Riley raised the firm’s price target on Century Communities to $110 from $100 and keeps a Buy rating on the shares following the Q4 beat. The analyst increased estimates and believes the company is well positioned with its CenturyComplete line of homes targeting entry-level buyers and spec-build strategy to outperform the broader homebuilding market in 2024.
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Read More on CCS:
- Century Communities Reports Fourth Quarter and Full Year 2023 Results
- CCS Earnings this Week: How Will it Perform?
- Century Communities price target raised to $100 from $92 at B. Riley
- Century Communities Announces Acquisition of Greater Nashville Builder: Landmark Homes of Tennessee, Inc.
- Century Communities price target raised to $74 from $58.50 at JPMorgan
