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Credit Suisse Reiterates Underperform Rating, Raises Price Target On Ryland Group As Margin Expectations Still Seem Optimistic
Friday, January 30, 2015 - 9:30am | 127In a report published Friday, Credit Suisse analyst Michael Dahl reiterated an Underperform rating on Ryland Group Inc (NYSE: RYL), and raised the price target from $34.00 to $35.00. In the report, Credit Suisse noted, “We are raising our EPS est. to $3.29 for '15 (from $2.94) and $3.31 for '16 (...
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Credit Suisse Analyst: Headwinds Blast Homebuilders' Outlook
Tuesday, January 20, 2015 - 6:13pm | 310Homebuilders' narrowing margins and mounting risk in the Texas housing market won't be soon offset by positive factors affecting their shares, an analyst said Tuesday. "We don't feel an urgency to own any builders at the moment," Credit Suisse's Michael Dahl said in a...
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Credit Suisse Lowers Expectations On Housing
Tuesday, January 20, 2015 - 9:20am | 218In a note out Tuesday morning, Credit Suisse analyst Michael Dahl downgraded PulteGroup, Inc. (NYSE: PHM), Meritage Homes Corp (NYSE: MTH) and Ryland Group Inc (NYSE: RYL) to Underperform from Neutral, Taylor Morrison Home Corp (NYSE: TMHC) to Neutral from Outperform, while upping NVR, Inc...
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UPDATE: Credit Suisse Downgrades KB Home On Cheaper Valuation
Wednesday, January 14, 2015 - 8:34am | 163In a report published Wednesday, Credit Suisse analyst Michael Dahl downgraded the rating on KB Home (NYSE: KBH) from Outperform to Neutral, and lowered the price target from $20.00 to $16.00. In the report, Credit Suisse noted, “We are downgrading KBH to Neutral from Outperform as the cheap(er)...
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Credit Suisse Upgrades William Lyon Homes
Tuesday, November 18, 2014 - 4:05pm | 222Credit Suisse upgraded William Lyon Homes (NYSE: WLH) Tuesday from Neutral to Outperform and cut its price target from $26 to $24 Analyst Michael Dahl believed “the market reaction to the well-telegraphed capital raise was overdone. The sell-off provides an attractive entry point to own a...
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Credit Suisse Sees Multiple Challenges Ahead For Realogy Holdings
Thursday, November 6, 2014 - 10:47am | 172In a report published Thursday, Credit Suisse analyst Michael Dahl reiterated an Underperform rating and $37.00 price target on Realogy Holdings Corp (NYSE: RLGY). In the report, Credit Suisse noted, “We continue to expect home sales will increase only gradually coupled with slowing price growth (...
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UPDATE: Credit Suisse Reiterates On Caesarstone Sdot-Yam Ltd. Following Another Increase In Guidance
Thursday, November 6, 2014 - 10:34am | 169In a report published Thursday, Credit Suisse analyst Michael Dahl reiterated an Outperform rating on Caesarstone Sdot-Yam Ltd. (NASDAQ: CSTE), and raised the price target from $59.00 to $65.00. In the report, Credit Suisse noted, “We are raising our '14 EPS est. to $2.32 (from $2.23), which is...
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Credit Suisse Lowers KB Home Price Target
Thursday, September 25, 2014 - 10:56am | 77Credit Suisse analysts lowered the price target on shares of KB Home (NYSE: KBH) to $20 from $22. Michael Dahl finds that order growth in 2014 remains flat: "Our revised estimates are driven by KBH's continued focus on improving gross margins vs. pace at a time of increasing price...
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Credit Suisse Lowers KB Home Price Target
Thursday, September 25, 2014 - 9:46am | 77On Wednesday, Credit Suisse analysts lowered the price target on shares of KB Home (NYSE: KBH) to $20 from $22. Michael Dahl finds that order growth in 2014 remains flat, “Our revised estimates are driven by KBH's continued focus on improving gross margins vs. pace at a time of...
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UPDATE: Credit Suisse Downgrades Realogy Holdings Corp
Monday, September 22, 2014 - 11:31am | 122In a note issued Monday, Credit Suisse analyst Michael Dahl downgraded shares of Realogy Holdings Corp (NYSE: RLGY) from Neutral to Underperform. Dahl currently as a $37 price target for Realogy. Dahl wrote, "We've continued to see softness in demand in our Monthly Survey of Real Estate Agents...
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UPDATE: Credit Suisse Reiterates on Ply Gem as Profitability is Delayed Again
Monday, March 17, 2014 - 9:44am | 144In a report published Monday, Credit Suisse analyst Michael Dahl reiterated a Neutral rating on Ply Gem (NYSE: PGEM), but lowered the price target from $14.00 to $12.00. In the report, Credit Suisse noted, “We are reducing our estimates and lowering our target price to $12 from $14, driven by the...
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UPDATE: Credit Suisse Initiates PGT Industries at Neutral on Multiple Positive Factors
Tuesday, July 30, 2013 - 9:45am | 117In a report published Tuesday, Credit Suisse analyst Michael Dahl initiated coverage on PGT Industries (NASDAQ: PGTI) with a Neutral rating and $10.00 price target. In the report, Credit Suisse noted, “We are initiating coverage of PGTI with a Neutral rating and $10 target price. We see...