Goldman Sachs analyst Jan Hatzius has maintained their bullish stance on FOR stock, giving a Buy rating yesterday.
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Jan Hatzius’s rating is based on Forestar Group’s strong financial performance and strategic positioning in the real estate sector. The company’s robust revenue growth and efficient cost management have contributed to its solid earnings, making it an attractive investment opportunity.
Furthermore, Forestar Group’s expansion into high-demand markets and its focus on sustainable development practices are expected to drive future growth. These factors, combined with favorable market conditions, underpin Hatzius’s confidence in the company’s potential for long-term value creation.
In another report released yesterday, Citi also maintained a Buy rating on the stock with a $36.00 price target.