Why D.R. Horton Stock Slipped Today
Two fresh, post-earnings analyst price target cuts put D.R. Horton (NYSE: DHI) stock in the minus column on Wednesday. The busy homebuilder's shares fell by almost 4% as a result, comparing unfavorably to the flat line that was the S&P 500's (SNPINDEX: ^GSPC) performance that day.
No less than four analysts revised their takes somewhat on D.R. Horton stock in the wake of its latest quarterly earnings report, with exactly half cutting their price targets and half raising them.
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Source Fool.com
