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Evercore ISI Reaffirms Their Hold Rating on KB Home (KBH)

Tipranks - Tipranks - Tue Apr 14, 4:42AM CDT

Evercore ISI analyst Stephen Kim maintained a Hold rating on KB Home today and set a price target of $54.00.

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According to TipRanks, Kim is a 5-star analyst with an average return of 15.2% and a 60.61% success rate. Kim covers the Consumer Cyclical sector, focusing on stocks such as Lennar, Mohawk, and DR Horton.

In addition to Evercore ISI, KB Home also received a Hold from Argus Research’s Chris Graja in a report issued on April 7. However, on April 6, Seaport Global downgraded KB Home (NYSE: KBH) to a Sell.

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Based on KB Home’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $1.08 billion and a net profit of $33.42 million. In comparison, last year the company earned a revenue of $1.39 billion and had a net profit of $109.56 million

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