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Citi Reaffirms Their Hold Rating on DR Horton (DHI)

Tipranks - Wed Jan 28, 6:40AM CST

In a report released today, Anthony Pettinari from Citi maintained a Hold rating on DR Horton, with a price target of $162.00.

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Pettinari covers the Consumer Cyclical sector, focusing on stocks such as DR Horton, Graphic Packaging, and International Paper Co. According to TipRanks, Pettinari has an average return of 16.2% and a 68.03% success rate on recommended stocks.

In addition to Citi, DR Horton also received a Hold from KBW’s Jade Rahmani in a report issued yesterday. However, on January 22, Argus Research maintained a Buy rating on DR Horton (NYSE: DHI).

Based on DR Horton’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.89 billion and a net profit of $594.8 million. In comparison, last year the company earned a revenue of $7.61 billion and had a net profit of $844.9 million

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