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Stock impact report

Truist Lifts DHI Target on Q2 Beat, RBC Flags Risks Ahead [Yahoo! Finance]

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
On April 22, Truist Financial raised its price recommendation on D.R. Horton, Inc. (NYSE:DHI) to $150 from $140. It reiterated a Hold rating after the company reported a Q2 earnings beat. The analyst said new orders rose 11%, matching the growth in community count during the quarter. The comparison was easier than usual, but the result still held up well given the broader macro backdrop. On the same day, RBC Capital Markets raised its price target on DHI to $123 from $117 and maintained an Underperform rating. The firm pointed to the Q2 earnings beat and stronger-than-expected Q3 guidance. At the same time, the analyst said risks remain around volume and margin pressure as the year moves forward, with some uncertainty still tied to 2027. RBC also noted it would fade the rally, citing the stock's elevated valuation. D.R. Horton, Inc. (NYSE:DHI) is a homebuilding company focused on acquiring and developing land, along with constructing and selling residential homes. It operates in Show less Read more
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