UBS Maintains a 'Neutral' on D.R. Horton (DHI); More Positive View, But Already Reflected in Stock Price
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Price: $24.38 +0.49%
Rating Summary:
12 Buy, 11 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Rating Summary:
12 Buy, 11 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 12 | New: 30
Trade DHI Now!
UBS maintains a 'Neutral' on D.R. Horton (NYSE: DHI) price target raised from $14 to $16.50.
Analyst, David Goldberg, said, "The improvement in DR Horton’s results over the last several quarters—as conditions in housing have started to stabilize—reflect our belief that the company is among the best positioned to rebuild profitability in a recovery. This is based on its focus on: 1) reducing costs; and 2) driving volumes without sacrificing operating margin. As such, EPS growth has already s.tarted to accelerate ahead of most peers. We expect this to continue as the recovery unfolds."
For an analyst ratings summary and ratings history on D.R. Horton click here. For more ratings news on D.R. Horton click here.
Shares of D.R. Horton closed at $16.62 yesterday, with a 52 week range of $8.03-$17.91.
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Analyst, David Goldberg, said, "The improvement in DR Horton’s results over the last several quarters—as conditions in housing have started to stabilize—reflect our belief that the company is among the best positioned to rebuild profitability in a recovery. This is based on its focus on: 1) reducing costs; and 2) driving volumes without sacrificing operating margin. As such, EPS growth has already s.tarted to accelerate ahead of most peers. We expect this to continue as the recovery unfolds."
For an analyst ratings summary and ratings history on D.R. Horton click here. For more ratings news on D.R. Horton click here.
Shares of D.R. Horton closed at $16.62 yesterday, with a 52 week range of $8.03-$17.91.
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