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

up 85.21 %

D.r. Horton, Inc. (DHI) rated Overweight with price target $17 by Lehman Brothers

Posted on: Wednesday,  Aug 6, 2008  11:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight D.r. Horton, Inc. (NYSE: DHI) on 08/06/2008. Previously Lehman Brothers rated Overweight D.r. Horton, Inc. (NYSE: DHI) on
02/27/2008., when the stock price was $16.37. Since then, D.r. Horton, Inc. has gained 85.22% as of 01/15/2016's recent price of $30.32.
If you would have followed the previous Lehman Brothers's recommendation on DHI, you would have gained 85.21% of your investment in 2879 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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/6/2008 11:25 AM Buy
11.27 17.00
as of 12/24/2008
1 Week up  5.26 %
1 Month up  36.59 %
3 Months up  103.60 %
1 YTD down  -9.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/27/2008 8:25 AM Buy
16.37 18.00

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