NVR price target lowered to $8,400 from $9,200 at BofA
BofA lowered the firm’s price target on NVR (NVR) to $8,400 from $9,200 and keeps a Buy rating on the shares. After underperforming the market in 2025, homebuilder stocks have rallied sharply year-to-date, but the firm believes weaker employment and migration trends, ongoing inflation and a more competitive selling environment driven by elevated new and resale inventory will pressure fundamentals through 2026 and make it a “reset year for homebuilders,” the analyst tells investors in a year ahead note on the group.
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