D.R. Horton price target raised to $190 from $172 at Goldman Sachs

Goldman Sachs analyst Susan Maklari raised the firm’s price target on D.R. Horton (DHI) to $190 from $172 and keeps a Buy rating on the shares after its Q2 earnings beat. The firm is encouraged by the management’s commentary and outlook for the second half of 2026 as it suggests upside to margins and earnings, the analyst tells investors in a research note. Goldman Sachs is further citing normal seasonality in demand in the quarter and April, fairly stable incentive levels, and expectations for further stick-and-brick savings to offset land inflation along with SG&A leverage.