Truist Raises DHI Target After Q2 Earnings Beat, RBC Notes Risks
Truist Financial raised its price target on D.R. Horton (DHI) to $150 from $140 following the company's Q2 earnings beat, while RBC Capital Markets also increased its target to $123 from $117 but maintained an Underperform rating due to ongoing risks. Both firms highlighted the strong Q2 performance but expressed concerns about future margin pressures and valuation levels.
Topics: D.R. Horton Dividend Stocks Earnings Beat Price Target Adjustment RBC Capital Markets Truist Financial