Wedbush lowered the firm’s price target on Beazer Homes (BZH) to $41 from $45 and keeps an Outperform rating on the shares. The firm notes the company’s sales absorption, closings and gross margin for the second half of 2025 are likely to be substantially lower than it previously expected. Wedbush resets its FY25 and FY26 estimates to reflect that slower pace and Beazer’s lowered absorption guidance of 2.25 to 2.50 orders per month from 2.50 to 3.00.
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