Citi raised the firm’s price target on Forestar Group to $39 from $32 and keeps a Buy rating on the shares post the fiscal Q4 beat. The analyst says the company’s “dual share gain” tailwinds of new homes gaining share from resale homes and large public builders gaining share from privates look set to continue in 2024.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 FOR: