Dream Finders Homes price target raised to $27 from $24 at BofA

BofA analyst Rafe Jadrosich raised the firm’s price target on Dream Finders Homes to $27 from $24 and keeps a Neutral rating on the shares following the recent Q2 results. The price target raise reflects better deliveries and gross margin, though the firm sees a balanced risk-reward, the analyst tells investors in a research note.