Morgan Stanley Adjusts Price Target on KB Home to $37 From $39
Morgan Stanley has lowered its price target for KB Home from $39 to $37 while maintaining an "Underweight" rating on the stock.
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Wells Fargo analyst Sam Reid maintains KB Home (NYSE:KBH) with a Underweight and lowers the price target from $50 to $42.
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Morgan Stanley has lowered its price target for KB Home from $39 to $37 while maintaining an "Underweight" rating on the stock.
Builder confidence fell to 29, lowest since 2012, while the XHB/SPY ratio sits near its weakest level since April 2020 as rates top 7%.