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DHI

D.R. Horton

$46.67

0.275 (0.59%)

, FOR

Forestar Group

$19.04

0.17 (0.90%)

08:44
04/25/19
04/25
08:44
04/25/19
08:44

D.R. Horton expects Forestar Group to remain profitable

D.R. Horton (DHI) management expects Forestar (FOR) to remain profitable and achieve pre-tax gross margins of approximately 10% by FY20.

DHI

D.R. Horton

$46.67

0.275 (0.59%)

FOR

Forestar Group

$19.04

0.17 (0.90%)

  • 25

    Apr

DHI D.R. Horton
$46.67

0.275 (0.59%)

04/22/19
04/22/19
DOWNGRADE

Fly Intel: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Tesla (TSLA) downgraded to Underperform from In Line at Evercore ISI with analyst Arndt Ellinghorst citing his more cautious view on demand for its vehicles, in particular the recent "severe decline" in demand for the Model S and Model X. 2. Schlumberger (SLB) downgraded to Sell from Hold at Tudor Pickering. 3. Dunkin' Brands (DNKN) downgraded to Hold from Buy at Maxim. 4. D.R. Horton (DHI) downgraded to Market Perform from Outperform at Keefe Bruyette with analyst Jade Rahmani citing valuation. 5. Occidental Petroleum (OXY) downgraded to Neutral from Buy at Mizuho with analyst Paul Sankey saying reports of Occidental bidding for Anadarko (APC) are "well outside" his "prior understanding of company strategy." This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
04/22/19
KBWI
04/22/19
DOWNGRADE
Target $47
KBWI
Market Perform
D.R. Horton downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette analyst Jade Rahmani downgraded D.R. Horton to Market Perform from Outperform with an unchanged price target of $47. The analyst cites valuation for the downgrade with the shares nearing her price target.
04/17/19
SUSQ
04/17/19
DOWNGRADE
SUSQ
Neutral
Susquehanna downgrades D.R. Horton, Lennar, TRI Pointe in homebuilder shuffle
As previously reported, Susquehanna analyst Jack Micenko downgraded homebuilders D.R. Horton (DHI), Lennar (LEN) and TRI Pointe (TPH), all to Neutral from Positive, stating that he is "taking money off the table" after a period of solid performance from the group and not making a call into the quarter. After visiting 200+ communities, he thinks 2019 has "evolved into a classic spring season for both demand and the stocks," noting that homebuilders' spring trade is typically characterized by a period of underperformance. He lowered his price target on D.R. Horton shares to $46 from $49, cut his target on Lennar to $57 from $64 and lowered his target on TRI Pointe to $14 from $16.
04/17/19
SUSQ
04/17/19
DOWNGRADE
SUSQ
Neutral
D.R. Horton downgraded to Neutral from Positive at Susquehanna
FOR Forestar Group
$19.04

0.17 (0.90%)

04/16/19
04/16/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Dow Inc. (DOW) initiated with a Top Pick at RBC Capital. 2. Ensco Rowan (ESV) initiated with an Overweight at Morgan Stanley. 3. Micron (MU) initiated with a Neutral at Nomura Instinet. 4. SkyWest (SKYW) initiated with a Buy at Stifel. 5. Forestar Group (FOR) initiated with a Buy at BTIG. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
04/16/19
04/16/19
INITIATION
Target $23

Buy
Forestar Group initiated with a Buy at BTIG
As previously reported, BTIG analyst Ryan Gilbert initiated Forestar Group (FOR) with a Buy rating and a price target of $23, saying that along with its majority shareholder D.R. Horton (DHI), the company's new development model called "lot manufacturing" can "produce higher returns and more consistent growth" than other developers. The analyst believes that Forestar Group can "rapidly expand its model into new markets" and capture share from undercapitalized, fragmented private developers, forecasting the company to grow annual revenue by an average of 122% per year over the next 3 years. Gilbert contends that Forestart Group's growth potential is not priced in.
04/15/19
BTIG
04/15/19
INITIATION
Target $23
BTIG
Buy
Forestar Group initiated with a Buy at BTIG
BTIG initiated Forestar Group with a Buy rating and a price target of $23.

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SAP

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Eni SpA

$31.24

-0.1 (-0.32%)

05:09
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EQNR

Equinor

$19.44

-0.06 (-0.31%)

05:08
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Upgrade
Equinor rating change  »

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  • 25

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ROYMY

Royal Mail

$0.00

(0.00%)

05:07
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DOW

Dow Inc.

$51.12

-1.77 (-3.35%)

05:05
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Dow Inc. rating change  »

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NRDBY

Nordea Bank

$0.00

(0.00%)

05:04
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KMI

Kinder Morgan

$20.53

(0.00%)

05:03
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SYMC

Symantec

$19.36

-0.22 (-1.12%)

05:00
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Upgrade
Symantec rating change  »

Symantec upgraded to Buy…

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OGE

OGE Energy

$43.42

0.17 (0.39%)

04:56
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04:56
Initiation
OGE Energy initiated  »

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04:55
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IR

Ingersoll-Rand

$124.65

0.31 (0.25%)

04:55
06/17/19
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04:55
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Conference/Events
Ingersoll-Rand management to meet with Stephens »

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  • 17

    Jun

NTGN

Neon Therapeutics

$4.76

-0.15 (-3.06%)

04:55
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Conference/Events
Neon Therapeutics management to meet with Mizuho »

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  • 17

    Jun

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NVTA

Invitae

$19.20

-0.43 (-2.19%)

04:55
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04:55
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Conference/Events
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  • 17

    Jun

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DL

China Distance Education

$5.41

(0.00%)

04:55
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04:55
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  • 17

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QRTEA

Qurate Retail

$12.83

-0.4 (-3.02%)

04:55
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  • 17

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TGODF

The Green Organic Dutchman

$0.00

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  • 17

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GNL

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$19.58

0.13 (0.67%)

04:55
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  • 17

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ITT

ITT

$62.33

-0.54 (-0.86%)

04:55
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Conference/Events
ITT management to meet with William Blair »

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  • 17

    Jun

04:55
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AGTC

Applied Genetic

$3.89

0.04 (1.04%)

04:55
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Conference/Events
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  • 17

    Jun

  • 18

    Jun

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