D.R. Horton Upgraded to “Buy” at Ticonderoga Securities (DHI)
Posted on August 25, 2010 at 08:37 AM EDT
Homebuilder D.R. Horton, Inc. (DHI) on Wednesday caught an upgrade from analysts at Ticonderoga Securities. The firm boosted its rating on DHI from “Neutral” to “Buy” with a $13 price target. That target represents an expected 30% upside to the stock’s Tuesday closing price of $9.97. Ticonderoga cited improving operating metrics for the upgrade. D.R. Horton shares [...]