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

Rating:
Hold DHI

D.r. Horton, Inc. (DHI) rated Hold with price target $14 by Deutsche Securities

Posted on: Thursday,  Apr 10, 2008  1:25 PM ET by Deutsche Securities

DR Horton (DHI) rated
Hold with price target $14 by Deutsche Securities.

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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/10/2008 1:25 PM Hold
None
16.28 14.00
as of 12/24/2008
1 Week up  5.26 %
1 Month up  36.59 %
3 Months up  103.60 %
1 YTD down  -20.20 %

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