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Citigroup Lowered Its PT For KB Home To $11
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Citigroup Lowered Its PT For KB Home To $11
Citigroup lowered its price target for KB Home (NYSE:KBH) to $11 from $13 and maintained its hold rating on the stock.The bank sees a 2011 loss of $2.60 per share and 2012 EPS of $0.25.KB Home has a potential upside of 36.6% based on a current price of $9.8 and an average consensus analyst price target of $13.4.KB Home should find initial resistance at its 50-day moving average (MA) of $11.45 and further resistance at its 200-day MA of $12.42.
Video Length: 0
Date Found: June 30, 2011
Date Produced: June 30, 2011
View Count: 0
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