RBC Capital analyst Mike Dahl lowered the firm’s price target on KB Home (KBH) to $53 from $54 and keeps a Sector Perform rating on the shares. The company reported a neutral Q1 and issued a weak Q2 guide, the analyst tells investors in a research note. A risk of cut to 2026 outlook remains given the overhang from macro and geopolitical unknowns as well as soft housing fundamentals, RBC added.
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