HomeBusinessReal Estate & Housing Market NewsWhy KB Home (KBH) Stock Hit a 52-Week Low Today

Why KB Home (KBH) Stock Hit a 52-Week Low Today

KB Home (KBH) stock price hits a 52-week low today. However, CFRA still maintains a buy opinion on KBH, but with a lowered price target of $55. Ken Leon states that bearish views on rising rates and housing affordability have hurt the KB Home share price. However, the buyer profile is strong with no shift in buyer type or selecting smaller sized homes.

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28 Mar 2022

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