UPDATE: Topeka Capital Markets Initiates DR Horton at Hold on Macro Headwinds
Posted on December 07, 2012 at 09:05 AM EST
Topeka Capital Markets initiated coverage on DR Horton (NYSE: DHI ) with a Hold rating and a $18 price target. Topeka Capital Markets noted, "Year-to-date, D.R. Horton's share price is up approximately 50.0% versus an average 110.0% return for the rest of our homebuilder coverage and a 12.1% return