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KB Home (KBH) Receives a Hold from Truist Financial
Truist Financial analyst initiated coverage with a Hold rating on KB Home today and set a price target of $65.00.
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In addition to Truist Financial, KB Home also received a Hold from TipRanks – Anthropic’s Anthropic Residential Construction in a report issued on February 13. However, today, Wells Fargo maintained a Sell rating on KB Home (NYSE: KBH).
Based on KB Home’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $1.69 billion and a net profit of $101.52 million. In comparison, last year the company earned a revenue of $2 billion and had a net profit of $190.61 million
Read More on KBH:
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- KB Home initiated with a Hold at Truist
- Trump Trade: White House explores antitrust probe into homebuilders
- White House explores antitrust probe into homebuilders, Bloomberg says
- Justice Department may open homebuilder antitrust probe, Bloomberg says
- KB Home names Robert McGibney as CEO, succeeding Jeffrey Mezger
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