Truist Lifts DHI Target on Q2 Beat, RBC Flags Risks Ahead

D.R. Horton, Inc. (NYSE:DHI) is included among the 10 Best May Dividend Stocks to Buy.

Truist Lifts DHI Target on Q2 Beat, RBC Flags Risks Ahead

On April 22, Truist Financial raised its price recommendation on D.R. Horton, Inc. (NYSE:DHI) to $150 from $140. It reiterated a Hold rating after the company reported a Q2 earnings beat. The analyst said new orders rose 11%, matching the growth in community count during the quarter. The comparison was easier than usual, but the result still held up well given the broader macro backdrop.

On the same day, RBC Capital Markets raised its price target on DHI to $123 from $117 and maintained an Underperform rating. The firm pointed to the Q2 earnings beat and stronger-than-expected Q3 guidance. At the same time, the analyst said risks remain around volume and margin pressure as the year moves forward, with some uncertainty still tied to 2027. RBC also noted it would fade the rally, citing the stock’s elevated valuation.

D.R. Horton, Inc. (NYSE:DHI) is a homebuilding company focused on acquiring and developing land, along with constructing and selling residential homes. It operates in more than 126 markets across 36 states. Its segments include Homebuilding, Rental, Forestar, Financial Services, and Other.

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