Barclays lowered the firm’s price target on KB Home (KBH) to $56 from $62 and keeps an Overweight rating on the shares. The firm cut the company’s estimates on a lower fiscal 2026 delivery outlook due a “soft” March and orders below internal expectations. KB’s margin expansion in the second half of the year “still looks significant,” but its Q2 outlook is weaker than expected, the analyst tells investors in a research note.
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