KB Home price target raised to $76 from $67 at Evercore ISI

Evercore ISI raised the firm’s price target on KB Home to $76 from $67 and keeps an Outperform rating on the shares after the company reported Q4 adjusted diluted EPS that topped the firm’s and the Street’s estimates. Following Q4 results, the firm raised its FY24 and FY25 EPS estimates to $8.30 from $7.26 and $9.60 from $7.67, respectively.