Covering KB Home (KBH) Ahead of Earnings, Price Target of $56

We have liked KB Home (KBH) for a while with its 55% - 60% exposure to the first time buyers, says Jay McCanless of Wedbush Securities. Wedbush has a price target of $56 and an outperform rating on KB Home. Wedbush also likes Lennar (LEN). He thinks if the price of lumber continues to drop, it will be a gross margin tailwind in the back half of the year.

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US

Covering KB Home (KBH) Ahead of Earnings, Price Target of $56

We have liked KB Home (KBH) for a while with its 55% - 60% exposure to the first time buyers, says Jay McCanless of Wedbush Securities. Wedbush has a price target of $56 and an outperform rating on KB Home. Wedbush also likes Lennar (LEN). He thinks if the price of lumber continues to drop, it will be a gross margin tailwind in the back half of the year.

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

FOLLOW US