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Enter Symbol:
 
D.r. Horton, Inc. (DHI) [hlAlert]

Rating:
Mkt Perform
DHI
up 0.45 %

D.r. Horton, Inc. (DHI) upgraded to Mkt Perform by Raymond James

Posted on: Wednesday,  Nov 20, 2013  8:25 AM ET by Raymond James

Raymond James rated Mkt Perform D.r. Horton, Inc. (NYSE: DHI) on 11/20/2013. Previously Raymond James rated Underperform D.r. Horton, Inc. (NYSE: DHI)
on 07/30/2013., when the stock price was $19.77. Since then, D.r. Horton, Inc. has lost 0.46% as of 11/20/2013's recent price of $19.68.
If you would have followed the previous Raymond James's recommendation on DHI, you would have gained 0.45% of your investment in 113 days.

D.R. Horton, Inc. (D.R. Horton) is a homebuilding company in the United States. It constructs and sells homes, through the operating divisions in 27 states and 75 metropolitan markets of the United States. The Company?s homes range in size from 1000 to 4000 square feet. During the fiscal year ended September 30, 2009 (fiscal 2009), the Company closed 16,703 homes. The Company?s operating segments consists of six homebuilding segments and a financial services segment. In fiscal 2009, the homebuilding operations comprised of 99% of the consolidated revenues of the Company. In addition to building single-family detached homes, D.R. Horton also build attached homes, such as town homes, duplexes, triplexes and condominiums (including some mid-rise buildings), which share common walls and roofs. In fiscal 2009, the sale of detached homes generated approximately 81% of the home sales revenues.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/20/2013 8:25 AM Hold
None
19.68
as of 12/13/2013
1 Week   
1 Month down  -3.30 %
3 Months down  -2.82 %
1 YTD down  -8.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2013 8:25 AM Sell
None
19.77
1/23/2013 8:25 AM Hold
None
21.62
7/17/2012 9:25 AM Sell
None
18.82

(*) Stock Price at the time of the recommendation.
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