Wedbush Starts D.R. Horton (DHI) at Outperform

September 20, 2016 7:07 AM EDT
Get Alerts DHI Hot Sheet
Price: $29.08 -0.99%

Rating Summary:
    15 Buy, 15 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 11 | New: 8
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Wedbush initiates coverage on D.R. Horton (NYSE: DHI) with a Outperform rating and a price target of $36.00.

Analyst Jay McCanless commented, "We are initiating coverage of D.R. Horton with an OUTPERFORM rating and a $36 price target. The shares are not cheap relative to the group valuation, but we believe the consistency of the Company’s performance warrants a look beyond valuation."

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 $30.46 yesterday.

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