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Citi Maintains Hold on KB Home
Tuesday, July 5, 2011 - 7:21am | 101Citi is out with its report today on KB Home (NYSE: KBH), maintaining Hold. In a note to clients, Citi writes, "When thinking about KBH, we note that there are no free lunches and that there are costs associated both with the company doing nothing as well as with it tapping the capital markets to...
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UPDATE: Deutsche Bank Lowers PT on KB Home to $12
Friday, July 1, 2011 - 8:35am | 117Deutsche Bank is out with its report today on KB Home (NYSE: KBH), lowering its PT from $18 to $12. In a note to clients, Deutsche Bank writes, "Throughout the housing crisis, there has been a strong relationship between price-to-book multiples and CDS implied default risk. Therefore, we view the...
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Deutsche Bank Updates 7/1
Friday, July 1, 2011 - 7:30am | 312Deutsche Bank made a number of updates in a research report published today. KB Home (NYSE: KBH) had its rating maintained at Hold. At the same time, its price target was lowered from $18 to $12. On Thursday, KBH lost 2.98% of its value to end the day at $9.78. Its shares regained most of...
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Deutsche Bank Lowers PT On KB Home To $12
Friday, July 1, 2011 - 7:13am | 27Deutsche Bank has lowered the price target on KB Home (NYSE: KBH) from $18 to $12 and maintains its Hold rating.
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UPDATE: JP Morgan Color on KB Home PT Decrease
Thursday, June 30, 2011 - 7:55am | 200JP Morgan, which lowered its PT on shares of KB Home (NYSE: KBH), is providing some color on the stock. “Following KBH's 2Q (May-end) conference call, we provide the following key takeaways,” JP Morgan writes. “Overall, we believe the stock's 15% decline (S&P up 1%) was driven by overdone...
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Earnings Expectations for the Week of June 27
Sunday, June 26, 2011 - 9:56am | 1012As the calendar quarter winds down this week, S&P 500 components scheduled to report quarterly results include Family Dollar Stores, General Mills, Monsanto and Nike. Analysts on average are expecting to see year-over-year earnings growth from each of them. Here are the consensus per-share...
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Citi Lowers PT on KBH
Thursday, April 7, 2011 - 7:56am | 105Citi, in its report citing a disappointing quarter has lowered the price target on KB Home (NYSE: KBH) to $13 from its previous $16. According to Citi, “We have revised our estimates to reflect the latest results, management commentary and our outlook for the housing market. Also we have lowered...
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UPDATE: J.P. Morgan Lowers PT on KB Home to $15.50 (KBH)
Wednesday, April 6, 2011 - 8:13am | 120J.P. Morgan is out with its report on KB Home (NYSE: KBH), lowering its PT from $18.50 to $15.50. In a note to clients, J.P. Morgan writes, "Our new Dec. 2011 price target is based on a 25% discount to its 10-year average P/B, against our 2011-end book value per share estimate (ex-adj. FAS 109) of...