MKM Partners Reiterates a 'Buy' on D.R. Horton (DHI); Most Housing Market Confidence in Quite Some Time

MKM Partners reiterates a 'Buy' on D.R. Horton (NYSE: DHI) price target of $22.00.

Analyst, Megan McGrath, said, "We maintain our Buy rating and price target on DHI following its fiscal 3Q earnings release. While SG&A expenses were higher than anticipated in the quarter, we saw nothing in the earnings release or on the conference call to lead us to believe that DHI will relinquish its position as one of the top homebuilding operators in the sector."

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 $18.39 yesterday.

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