D.R. Horton price target raised to $162 from $158 at BofA

BofA raised the firm’s price target on D.R. Horton (DHI) to $162 from $158 and keeps a Neutral rating on the shares. After underperforming the market in 2025, homebuilder stocks have rallied sharply year-to-date, but the firm believes weaker employment and migration trends, ongoing inflation and a more competitive selling environment driven by elevated new and resale inventory will pressure fundamentals through 2026 and make it a “reset year for homebuilders,” the analyst tells investors in a year ahead note on the group.