BofA lowered the firm’s price target on KB Home (KBH) to $62 from $67 and keeps a Neutral rating on the shares after the company missed Q1 expectations and lowered its FY25 revenue outlook. Following the quarterly report, the firm lowered its own FY25 EPS estimates by about 7% to reflect lower orders and revenue.

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KB Home price target lowered to $62 from $67 at BofA

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