Melius Research Initiates Coverage On D.R. Horton with Sell Rating, Announces Price Target of $128
Melius Research initiates coverage on D.R. Horton (NYSE:DHI) with a Sell rating and announces Price Target of $128.
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When the bond market sneezes, anything can catch a cold. Its recent bug has not left the housing market unscathed. Domestic homebuilding buckled in July, showing the stress transmitting directly through mortgage
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Melius Research initiates coverage on D.R. Horton (NYSE:DHI) with a Sell rating and announces Price Target of $128.
Barclays analyst Matthew Bouley maintains D.R. Horton (NYSE:DHI) with a Equal-Weight and lowers the price target from $141 to $130.
Berkshire Hathaway has become America's 4th-largest homebuilder after acquiring Taylor Morrison for $6.8 billion and merging it with Clayton Properties Group. The combined entity delivered nearly 23,000 homes in 2025. Berkshire also holds an 11% stake in Lennar and smaller positions in other homebuilders. Despite industry challenges from housing shortages and high mortgage rates near 7.3%, Berkshire is taking a long-term investment approach, with CEO Greg Abel stating the company is committed to the housing sector for the long term.
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Lennar Berkshire stake grows as fresh buying offsets housing weakness, bearish analyst calls and scrutiny around Millrose.