♔ The Trade Off
Wedbush Keeps Their Hold Rating on Hovnanian Enterprises (HOV)
In a report released today, Jay McCanless from Wedbush reiterated a Hold rating on Hovnanian Enterprises (HOV – Research Report), with a price target of $120.00. The company’s shares closed yesterday at $105.56.
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McCanless covers the Consumer Cyclical sector, focusing on stocks such as Cavco Industries, Hovnanian Enterprises, and LGI Homes. According to TipRanks, McCanless has an average return of 17.2% and a 64.04% success rate on recommended stocks.
Currently, the analyst consensus on Hovnanian Enterprises is a Hold with an average price target of $120.00.
The company has a one-year high of $240.34 and a one-year low of $81.15. Currently, Hovnanian Enterprises has an average volume of 80.24K.
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