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UPDATE: J.P. Morgan Initiates Coverage on LGI Homes on Multiple Positive Factors
Monday, December 2, 2013 - 12:24pm | 200In a report published Monday, J.P. Morgan analyst Michael Rehaut initiated coverage on LGI Homes (NASDAQ: LGIH) with an Overweight rating and $19.00 price target. In the report, J.P. Morgan noted, “We initiate coverage of LGI Homes with an Overweight rating and a Dec. 2014 price target of $19.00....
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UPDATE: J.P. Morgan Upgrades Owens Corning on Attractive Valuation
Wednesday, October 9, 2013 - 11:17am | 163In a report published Wednesday, J.P. Morgan analyst Michael Rehaut upgraded the rating on Owens Corning (NYSE: OC) from Neutral to Overweight, and raised the price target from $44.00 to $45.00. In the report, J.P. Morgan noted, “Trading at only 6.4x our 2014E EBITDA, we believe OC's valuation is...
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UPDATE: J.P. Morgan Upgrades Masco Corporation on Reasonable Valuation
Wednesday, October 9, 2013 - 11:16am | 212In a report published Wednesday, J.P. Morgan analyst Michael Rehaut upgraded the rating on Masco Corporation (NYSE: MAS) from Underweight to Neutral, and raised the price target from $20.00 to $21.00. In the report, J.P. Morgan noted, “We rate MAS Neutral, as we view the company's valuation as...
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UPDATE: J.P. Morgan Lowers PT on KB Home Following 3Q Conference Call
Thursday, September 26, 2013 - 8:55am | 123In a report published Thursday, J.P. Morgan analyst Michael Rehaut reiterated an Overweight rating on KB Home (NYSE: KBH), but lowered the price target from $26.00 to $24.00. In the report, J.P. Morgan noted, “We rate KBH Overweight relative to its peers amid our positive sector stance, as we...
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UPDATE: J.P. Morgan Initiates Coverage on WCI Communities on Fair Valuation
Wednesday, August 21, 2013 - 9:29am | 147In a report published Wednesday, J.P. Morgan analyst Michael Rehaut initiated coverage on WCI Communities (NYSE: WCIC) with a Neutral rating and $20.50 price target. In the report, J.P. Morgan noted, “We are initiating coverage of WCI Communities (WCIC) with a Neutral rating and a Dec. 2014 price...
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UPDATE: JP Morgan Initiates Ply Gem at Overweight, Cites Favorable Exposure to U.S Housing Recovery
Tuesday, July 2, 2013 - 1:15pm | 109In a report published on Tuesday, JP Morgan analyst Michael Rehaut initiated coverage on Ply Gem Holdings (NYSE: PGEM) with an Overweight rating and a $26 price target. In the report, JP Morgan noted, "Overall, we view PGEM – which maintains a number one 36% share in vinyl siding and a number two...
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UPDATE: J.P. Morgan Initiates William Lyon Homes at Neutral on in Line Upside Potential
Tuesday, June 25, 2013 - 9:10am | 178In a report published on Tuesday, J.P. Morgan analyst Michael Rehaut initiated coverage on William Lyon Homes (NYSE: WLH) with a Neutral rating and a price target of $31. In the report, J.P. Morgan stated, "Overall, we view WLH as well positioned within our universe from a geographic standpoint...
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UPDATE: J.P. Morgan Initiates Taylor Morrison Home at Overweight on Industry Leading Gross Margins
Monday, May 20, 2013 - 10:45am | 120In a report published Monday, J.P. Morgan analyst Michael Rehaut initiated coverage on Taylor Morrison Home (NYSE: TMHC) with an Overweight rating and a price target of $31.00. In the report, JP Morgan noted that, "...TMHC possesses several favorable fundamental attributes, including near...
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JP Morgan Drops Price Target for Fortune Brands (FO)
Monday, August 2, 2010 - 9:28am | 167JP Morgan analysts Michael Rehaut and Jason Marcus lowered their price target for Fortune Brands (NYSE: FO) by a dollar, from $50 to $49 following the company's Q2 conference call. Fortune Brands is a holding company that produces distilled spirits, home and security products, and golf products....