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Analyst Downgrades Homebuilders On Macro, Cycle Concerns
Tuesday, June 18, 2019 - 3:52pm | 423Homebuilders Lennar Corporation (NYSE: LEN) and KB Home (NYSE: KBH) have seen their share prices go up, likely because of low interest rates, but there are macroeconomic headwinds looming and concerns about high housing inventory that led Raymond James to downgrade both stocks. The Analyst Raymond...
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JMP Upgrades KB Home After Q3 Print
Wednesday, September 26, 2018 - 12:10pm | 351KB Home (NYSE: KBH) has strong positioning in key growth markets and is showing ongoing gross margin expansion, according to JMP Securities. The Analyst Analyst Peter Martin upgraded KB Home from Market Perform to Market Outperform and established a $30 price target. The Thesis KB Home...
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Raymond James' Mass Downgrade Of Homebuilders Shows...It Doesn't Like Them Very Much
Friday, May 15, 2015 - 3:11pm | 500Raymond James talked about homebuilders on Friday, and revealed that it's not very confident in the sector. PulteGroup, Inc. (NYSE: PHM), the nation’s largest homebuilding company, was downgraded from Outperform to Market Perform. Raymond James analyst Buck Horne removed the stock...