Rate Cuts Coming: Is It The Perfect Time For Homebuyers To Strike Big Deals?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 31 2024
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Source: Benzinga
Current Housing Market Trends: The U.S. housing market is experiencing a shift with expected mortgage rate declines and a projected modest increase in home prices, while competition remains high due to job growth and limited land availability.
Investment Opportunities: Homebuilders are likely to benefit from stable demand, with stocks of major companies like D.R. Horton, Lennar, and Toll Brothers showing significant gains, indicating favorable conditions for investors in the housing sector.
Analyst Views on PEZ
Wall Street analysts forecast PEZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PEZ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 107.806
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Current: 107.806
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
