Benzinga Bulls and Bears: Costco, KB Home, McDonald’s
Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
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RBC Capital analyst Mike Dahl maintains KB Home (NYSE:KBH) with a Sector Perform and lowers the price target from $53 to $50.
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Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
Truist Securities analyst Jonathan Bettenhausen maintains KB Home (NYSE:KBH) with a Hold and lowers the price target from $55 to $50.
30-year mortgage rates hit 7.12%, the highest since 2024. KB Home, Rocket and the ITB homebuilder ETF slip, giving back part of Tuesday's rally.
KB Home beats Q3 estimates but cites housing headwinds, guides revenue, and sees analysts cut price targets as shares fall.