- Seaport Global analyst Mark Weintraub upgraded KB Home KBH to Buy from Neutral with a $53 price target.
- Weintraub noted the stock had dropped 16% in one week on concerns about rising interest rates.
- However, the analyst sees "underlying positives" for housing, including strong demographics and continued catch-up post a decade of underbuilding.
- Following his downgrade a week ago, the analyst concludes KB's risk/reward "looks very good again."
- Price Action: KBH shares are trading higher by 0.46% at $41.71 in premarket on the last check Friday.
KBHKB Home
$57.005.03%
Edge Rankings
Momentum
23.18
Growth
45.93
Quality
65.99
Value
93.87
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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