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Wells Fargo Stick to Their Buy Rating for DR Horton

Published 11/25/2021, 04:11 AM

Wells Fargo (NYSE:WFC) analyst Deepa Raghavan maintained a Buy rating on DR Horton (NYSE:DHI) on Monday, setting a price target of $115, which is approximately 13.76% above the present share price of $101.09.

Raghavan expects DR Horton to post earnings per share (EPS) of $3.74 for the fourth quarter of 2021.

The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in DR Horton, with an average price target of $120.91.
The analysts price targets range from a high of $159 to a low of $103.

In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $8.11 billion and a net profit of $1.71 billion. The company's market cap is $36.04 billion.

According to TipRanks.com, Wells Fargo analyst Deepa Raghavan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 15.6% and a 82.76% success rate.

Founded in 1978, Texas-based D.R. Horton, Inc. is a homebuilding company that is engaged in the construction and sale of single-family homes through its diverse brand portfolio that includes D.R. Horton, Emerald Homes, Express Homes and Freedom Homes.

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