Wells Fargo Maintains Equal-Weight on D.R. Horton, Lowers Price Target to $140
Wells Fargo analyst Sam Reid maintains D.R. Horton (NYSE:DHI) with a Equal-Weight and lowers the price target from $145 to $140.
Stocks · News reference
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Wells Fargo analyst Sam Reid maintains D.R. Horton (NYSE:DHI) with a Equal-Weight and lowers the price target from $145 to $140.
Berkshire Hathaway has aggressively invested in homebuilders, becoming the nation's 4th-largest homebuilder through acquisitions and stakes in major companies, betting on long-term housing demand recovery. However, the author argues against this thesis, citing persistent headwinds including elevated mortgage rates above 7%, rising building costs, labor shortages, and tariffs that continue to pressure the sector and make homes unaffordable for consumers.