Goldman Sachs Upgrades D.R. Horton (DHI) to Buy

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Here's why Wells Fargo sees this homebuilder stock as a top pick

October 17, 2023 2:16 PM EDT

In a market where concerns about the housing market are rife, it is somewhat of a surprise to see Wells Fargo name one home construction firm as a top pick.

Analysts at the investment bank made the case for housing in a note this week, stating that while they understand homebuilding is cyclical and rates "are a... More