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KB Home price target lowered to $57 from $62 at Keefe Bruyette
Keefe Bruyette lowered the firm’s price target on KB Home (KBH) to $57 from $62 and keeps a Market Perform rating on the shares. The firm reduced the company’s 2026 and 2027 estimates post the Q1 report to reflect lower deliveries and margins. Management called out ongoing soft market conditions, the analyst tells investors in a research note.
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