Landsea Homes price target raised to $17 from $16 at B. Riley

B. Riley analyst Alex Rygiel raised the firm’s price target on Landsea Homes to $17 from $16 and keeps a Buy rating on the shares following the Q4 beat. The company provided guidance for 2024 that was mostly in line to better than estimates with improved supply chain and cycle times and the continuation of favorable housing market trends, the analyst tells investors in a research note.