UBS lowered the firm’s price target on KB Home (KBH) to $71 from $77 and keeps a Buy rating on the shares. UBS believes 2026 is poised to be a better year for homebuilding, as builders have moderated production, helping to stabilize/reduce inventory in certain key markets, while overall housing supply remains constrained relative to history, the analyst tells investors in a research note. The firm thinks incremental improvement in the macro could catalyze sentiment and the stocks.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KBH:
- KB Home price target lowered to $50 from $71 at JPMorgan
- Ametek, MindMed, Atai, Prime and KB Home Trending
- KB Home downgrade, Costco upgraded: Wall Street’s top analyst calls
- KB Home downgraded to Market Perform from Outperform at Raymond James
- KB Home price target lowered to $62 from $67 at Keefe Bruyette