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Stock impact report

Jim Cramer Discusses D.R. Horton (DHI) In Context of Interest Rates [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
Homebuilding giant D.R. Horton, Inc. (NYSE:DHI)'s shares are up by 8.5% over the past year and by 9% year-to-date. January has been a busy month for the firm after it reported its fiscal first-quarter earnings. The results saw D.R. Horton, Inc. (NYSE:DHI) report $6.89 billion in revenue and $2.03 in profit-per-share to beat analyst revenue and profit estimates of $6.60 billion and $2.03. Following the earnings, several analysts discussed D.R. Horton, Inc. (NYSE:DHI)'s stock. For instance, Evercore ISI slightly increased the share price target to $169 from $167 and kept an In Line rating on the shares. The financial firm noted that the homebuilding company was in touch with the Trump administration regarding housing policy. UBS raised D.R. Horton, Inc. (NYSE:DHI)'s share price target to $193 from $191 and kept a Buy rating as it increased the valuation multiple. Cramer discussed the firm in the context of interest rates: “All I'm saying is this that, what happens if someone from Den Show less Read more
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