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Green Brick price target raised to $30 from $23 at B. Riley
The Fly

Green Brick price target raised to $30 from $23 at B. Riley

B. Riley analyst Alex Rygiel raised the firm’s price target on Green Brick to $30 from $23 and keeps a Neutral rating on the shares following the "mixed" Q4 results. The analyst believes Green Brick is well positioned for growth and solid returns within the homebuilding industry, but given the limited guidance, continued interest rate and economic uncertainty, and its "industry-high" valuation, it remains on the sidelines until visibility improves.

Published first on TheFly

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