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Camping World Analyst Downgrades RV Dealer After 'Challenging' Q1
Thursday, May 9, 2019 - 12:06pm | 425Read More...Outdoor and camping retailer Camping World Holdings Inc (NYSE: CWH) reported first-quarter results Wednesday afternoon that were highlighted by "challenging" financial results and an "ambitious" 2019 outlook, according to Bank of America Merrill Lynch. The Analyst...
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Analysts Slash KB Home Targets Following Guidance Cut
Thursday, November 15, 2018 - 1:18pm | 385Read More...KB Home (NYSE: KBH) stock traded lower by 16 percent Thursday, on track for its worst day of trading since 1992. The market was spooked by the homebuilder’s weak Q4 guidance that the company said was negatively impacted by the California wildfires and a weak Texas market. The company cut Q4...
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BofA Upgrades Meritage Homes In Bullish Turn On Homebuilders, Downgrades 3 Building Products Names
Monday, May 14, 2018 - 2:51pm | 494Read More...Bank of America Merrill Lynch upgraded Meritage Homes Corp (NYSE: MTH) Monday and downgraded several companies in the building products space due to input cost headwinds and company-specific challenges. The Analyst Bank of America analyst John Lovallo II issued the following rating changes and...
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D.R. Horton, PulteGroup Make A Solid Foundation For A Homebuilders Position
Tuesday, June 27, 2017 - 11:44am | 447Read More...It’s a good time to be in homebuilding, according to Bank of America Merrill Lynch analyst John Lovallo II. Lovallo reiterated Buy ratings for D.R. Horton, Inc. (NYSE: DHI) and PulteGroup, Inc. (NYSE: PHM), and raised both price targets by a dollar to $42 and $30, respectively. The analyst...
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Bank Of America Upgrades D.R. Horton To Buy Following Recent Share Pullback
Tuesday, September 13, 2016 - 10:31am | 368Read More...Following the recent pullback in D.R. Horton, Inc. (NYSE: DHI) shares, John Lovallo II of Bank of America Merrill Lynch stated that the current valuation offers an attractive entry point. Lovallo upgraded the rating on the company from Neutral to Buy, with a price target of $36. The analyst...
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Bank Of America Is Unsurprised By Reveal At Tesla Motors Media Event
Friday, October 10, 2014 - 7:51am | 220Read More...In a report published Friday, Bank of America analyst John Lovallo II reiterated an Underperform rating and $75.00 price target on Tesla Motors Inc (NASDAQ: TSLA). In the report, Bank of America noted, “Late last evening Tesla hosted a widely anticipated media event to reveal the meaning of CEO...
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Bank of America Reiterates on Tesla Motors as Potential Recall is Not The Real Problem, But Unrealistic Volume Is
Wednesday, November 27, 2013 - 10:35am | 209Read More...In a report published Wednesday, Bank of America analyst John Lovallo II reiterated an Underperform rating and $45.00 price target on Tesla Motors (NASDAQ: TSLA). In the report, Bank of America noted, “Battery fires, the ongoing NHTSA investigation, and speculation of a Model S recall have...
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Bank of America Reiterates on Tesla Motors as Investors Appear Increasingly Spooked in October
Wednesday, October 23, 2013 - 11:18am | 212Read More...In a report published Wednesday, Bank of America analyst John Lovallo II reiterated an Underperform rating and $45.00 price target on Tesla Motors (NASDAQ: TSLA). In the report, Bank of America noted, “We have written extensively on our view that Tesla's shares are vastly overvalued from a...
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UPDATE: Bank of America Initiates Dorman Products at Buy on Strong Aftermarket Activity
Tuesday, August 13, 2013 - 8:59am | 113Read More...In a report published on Tuesday, Bank of America analyst John Lovallo II initiated coverage on Dorman Products (NASDAQ: DORM) with a Buy rating and a $60 price target. In the report, Bank of America stated, "We initiate coverage of Dorman Products (DORM) at Buy, $60 PO, based on a 2014e P/E...
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UPDATE: Bank of America Upgrades KAR Auction Services Following Onset of Meaningful Recovery
Monday, August 12, 2013 - 10:31am | 174Read More...In a report published Monday, Bank of America analyst John Lovallo II upgraded KAR Auction Services (NYSE: KAR) from Underperform to Buy, and raised the price target from $23.00 to $30.00. In the report, Bank of America noted, “Due to what appears to be the onset of a meaningful recovery in...
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UPDATE: Bank of America Upgrades Genuine Parts on Solid Market Positioning
Wednesday, June 12, 2013 - 8:05am | 92Read More...In a report published on Tuesday, Bank of America analyst John Lovallo II upgraded Genuine Parts (NYSE: GPC) from Underperform to Neutral and raised the price target on the company from $75 to $82. In the report, Bank of America stated, "We believe higher estimates are warranted given...
