Barclays lowered the firm’s price target on D.R. Horton (DHI) to $129 from $132 and keeps an Equal Weight rating on the shares. The company’s Q2 margin outlook suggests weakening fundamentals despite lower rates, the analyst tells investors in a research note. The firm says “much is dependent on a better spring” for D.R. Horton.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DHI:
- D.R. Horton Earnings Call: Growth Amid Margin Pressure
- D.R. Horton price target raised to $193 from $191 at UBS
- Morning Movers: Fastenal and 3M slip following quarterly results
- D.R. Horton backs FY26 revenue view $33.5B-$35B, consensus $34.26B
- D.R. Horton sees Q2 revenue $7.3B-$7.8B, consensus $7.77B