Wells Fargo initiated coverage of D.R. Horton with an Overweight rating and $123 price target. D.R. Horton offers scale, stability, and a strong balance sheet, as well as a bit of defense plus long-term runway to take further share and drive attractive margins and returns, the analyst tells investors in a research note.
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Read More on DHI:
- Goldman Sachs Backs Warren Buffett, Says This Stock Is Now a Buy
- D.R. Horton upgraded to Buy from Neutral at Goldman Sachs
- D.R. Horton price target lowered to $160 from $162 at Evercore ISI
- D R Horton put volume heavy and directionally bearish
- D.R. Horton price target lowered to $130 from $150 at Barclays