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On Tuesday, the Vetr crowd upgraded their rating for D.R. Horton, Inc. (NYSE:DHI) from 3 stars (Hold), issued 11 days ago, to 5 stars (Strong Buy). Crowd sentiment for the stock is generally positive, with 66 percent of Vetr user ratings bullish.D.R. Horton has been trending down since rallying late in January to a four-month high of $31.37 off of a promising Q4 earnings report. A 13G Filing from Sanders Capital shows the investment firm picking up a fresh 6.34 percent stake in the company on February 1.
Since then, share price in the home construction company has fallen below $30. It closed Tuesday at $29.42.
See how crowdsourced ratings could help you time the market.
Currently, the Vetr crowd's average target price for the stock is up at $35.00, which is nearly a dollar higher than the average analyst target price of $34.04. Less than 2 percent of Vetr users are holding DHI in their watch lists.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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