BofA raised the firm’s price target on KB Home (KBH) to $62 from $58 and keeps a Neutral rating on the shares. The firm notes the company reported Q4 adjusted EPS of $1.92, above consensus of $1.80. BofA remains on the sidelines and points out that shares trade below book value, which it thinks is justified by its outlook for 2026 ROE of roughly less than 8%.
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