BTIG analyst Carl Reichardt names D. R. Horton to the BTIG Top Pick list for first half of 2023. With housing demand slowing, the analyst believes that the company will leverage its low-cost production status to gain market share and outgrow peers. Reichardt adds that D.R. Horton’s substantial cash flow could lead to accelerated share repurchase activity, keeping his Buy rating and $101 price target on the stock
Published first on TheFly
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