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KB Home (KBH) Tops Q1 EPS by 12c

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KB Home (KBH) PT Lowered to $33 at Mizuho Securities Following 1Q

March 26, 2018 7:49 AM EDT

Mizuho Securities lowered its price target on KB Home (NYSE: KBH) to $33.00 (from $35.00) while maintaining a Neutral rating following the company's 1Q earnings report. 1Q EPS of $0.40 beat the Street estimate of $0.29 on higher gross margins.

Strong demand / pricing power, plus... More