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Enter Symbol:
Rating: DHI
Hold $32

D.r. Horton, Inc. (NYSE: DHI) downgraded to Hold with price target $32 by Deutsche Bank

Monday,  Sep 21, 2015  1:25 PM ET by Kristen Bailey

Deutsche Bank downgraded D.r. Horton, Inc. (NYSE: DHI) to Hold with price
target $32. Deutsche Bank rated D.r. Horton, Inc. (NYSE: DHI) to Buy with price target $25 on 02/05/2013, when the price was $23.65.

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 is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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