- BTIG analyst Carl Reichardt downgraded LGI Homes LGIH to Sell from Neutral with a $98 price target, implying an 11% downside.
- Carl showed concern about the company’s reliance on single-family rental investors for delivery volume and the impact of higher rates on those customers.
- The analyst thinks that LGI has a higher demand risk profile than its public peers.
- LGI closed 499 homes in February 2022.
- Price Action: LGIH shares are trading lower by 8.46% at $110.04 on the last check Wednesday.
LGIHLGI Homes Inc
$71.88-0.61%
Edge Rankings
Momentum12.95
Growth37.47
Quality51.43
Value90.13
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
