After-hours movers: Cintas, UniFirst Corp, KB Home
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KB Home (KBH) PT Lowered to $65 at Raymond James
March 25, 2025 9:40 AM EDTRaymond James analyst Buck Horne lowered the price target on KB Home (NYSE: KBH) to $65.00 (from $80.00) while maintaining a Outperform rating.
The analyst comments "Despite last evenings unquestionably disappointing 1Q25 results, we are biting the bullet and maintaining our Outperform rating on KB Home (with a moderated $65 target) due to a very asymmetric risk/reward, as shares are already at 1.0x tangible book value.... More
KB Home (KBH) PT Lowered to $60 at Wolfe Research, Underperform, 'Another Quarter, Another Reduced Homebuilder Guide'
March 25, 2025 9:39 AM EDTWolfe Research analyst Trevor Allinson lowered the price target on KB Home (NYSE: KBH) to $60.00 (from $68.00) while maintaining a Underperform rating.
The analyst comments "KBH produced disappointing 1Q25 results with most line items underperforming expectations. While we expect underwhelming C1Q results and outlooks across our coverage given... More
KB Home (KBH) PT Lowered to $77 at Evercore ISI
March 25, 2025 9:36 AM EDTEvercore ISI analyst Stephen Kim lowered the price target on KB Home (NYSE: KBH) to $77.00 (from $83.00) while maintaining a Outperform rating.
The analyst comments "KB Home reported 1Q25 (February) adjusted diluted EPS of $1.50, excluding -$1.5mn in land charges, missing our $1.63 estimate and the Streets $1.58. Gross margins in the quarter met previous guidance, although the company reduced its guidance metrics, reflecting slower 1Q sales and lower net pricing expectations. The company experienced a slower-than... More

