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-1.55637178609085E-05 0.000902695635933576 0.00130735230031755 0.00522940920127002 -0.00155637178609226 -0.00454460561538934 -0.00423333125817082 -0.000186764614331078
Stock impact report

D.R. Horton (DHI) Downgrade is Due to High Rates, Says Jim Cramer [Yahoo! Finance]

D.R. Horton, Inc. (DHI) 
Last d.r. horton, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.drhorton.com
Company Research Source: Yahoo! Finance
D.R. Horton, Inc. (NYSE:DHI) is one of the largest homebuilding companies in America. Its shares are up by 13.6% over the past year to make the firm one of the better-performing stocks in its sector. Cramer linked the firm to the broader homebuilding sector after Wells Fargo downgraded D.R. Horton, Inc. (NYSE:DHI) to Equal Weight from Overweight and cut the share price target to $155 from $180. The bank pointed out that it was witnessing inventory buildup and discounting in the industry. Citizens also downgraded D.R. Horton, Inc. (NYSE:DHI)'s stock in January. It cut the share rating to Market Perform from Market Outperform and remarked that the firm could see inventory clearing in 2026. Cramer tied the pessimism surrounding homebuilding stocks to interest rates: The Top US City Where Home Prices Are Falling Most Now “Alright David, you talked about what punches above its weight. And that's housing, as well as Ford stock. Okay, this morning, jeez these research firms are taking a Show less Read more
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