Landsea Homes price target raised to $14 from $13 at Barclays

Barclays raised the firm’s price target on Landsea Homes to $14 from $13 and keeps an Equal Weight rating on the shares as part of a broader research note on U.S. Homebuilding and Building Products names. The company maintains a thoughtful approach to share growth and positions itself well for sustainable growth, both organic and through M&A, with an increasingly viable path to 10% return on tangible equity as sales pace recovers alongside ramping community growth, the analyst tells investors in a research note.