Wells Fargo Lifts PT on D.R. Horton (DHI) to $190 From $175

Group 1 - D.R. Horton, Inc. (NYSE:DHI) is considered one of the best cheap stocks for beginners, with Wells Fargo analyst Sam Reid raising the price target from $175 to $190 while maintaining an Overweight rating [1] - Following a recent earnings report, D.R. Horton saw a 17% increase in stock price, attributed to adjusted price targets in the homebuilding sector and increased investor optimism regarding interest rates [2] - The company operates in the sale and construction of single-family housing, with geographical segments including Northwest, Southwest, South Central, Southeast, East, and North [3]