Wedbush raised the firm’s price target on D.R. Horton (DHI) to $170 from $155 and keeps a Neutral rating on the shares. The firm says that the company’s impressive beat on EPS and gross margin versus its Q3 2025 outlook and the Refinitiv consensus estimates has sparked a rally in D.R. Horton’s stock and the builder sector. The company indicated the incentives thus far in Q4 2025 have been more in line with what management expected for Q3 2025, Wedbush adds.
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