BofA analyst Rafe Jadrosich lowered the firm’s price target on Dream Finders Homes to $35 from $40 on Friday, while keeping a Neutral rating on the shares. The firm notes the company reported Q2 EPS of 81c that was below its 85c forecast, but ahead of consensus of 77c. BofA maintains its 2024 EPS but lowers its 2025 estimates primarily to reflect higher SG&A.
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