Wells Fargo analyst Sam Reid lowered the firm’s price target on KB Home (KBH) to $52 from $53 and keeps an Underweight rating on the shares. KB Home’s Q2 report was in-line, but Wells exits the quarter with similar concerns as Q1, and even with lower guidance, it could still be tough to hit fresh ranges, the analyst tells investors in a research note.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KBH:
- Hold Rating on KB Home Amid Lowered Guidance and Cautious Outlook
- Challenging Outlook for KB Home: Sell Rating Amid Revenue and Delivery Concerns
- KB Home Reports Q2 2025 Earnings and Strategic Moves
- Closing Bell Movers: Futures up on Iran/Israel truce, KB Home slips on outlook
- KB Home sees Q3 housing revenue $1.5B-$1.7B