Stephen Kim

Shares of PulteGroup, Inc. (NYSE: PHM) have plunged more than 5 percent in the last 5 trading days. Barclays’ Stephen Kim upgraded the rating for the company from Underweight to Equal-weight, while maintaining a price target of $18. PulteGroup has been focusing on improving its...

In a report published Friday, Barclays analyst Stephen Kim commented that heading into the Spring season, the setup for the asphalt shingle market is the "bet we've seen in years." According to Kim, shingle pricing will remain stable in 2015, marking a "significant inflection...

Barclays lowered its price target on Toll Brothers Inc (NYSE: TOL) Friday from $37 to $34 and maintained an Equal-Weight rating. The change follows the company’s fiscal Q4 miss. Analyst Stephen Kim summarized that “Toll Brothers reported 4Q14 adjusted diluted EPS of $0.75 vs....

Barclays lowered its U.S. Building Products & Homebuilding Industry View to Neutral. Analyst Stephen Kim believed "investors should remain guarded in their approach to the group and approach the seasonal trade with some caution." The report warned that a "Price-Less...

In a report released Monday, analyst Stephen Kim revised price targets on homebuilders covered by Barclays. Kim revised his price targets due to FY15 projections shifting on Barclays' two major focuses of price-to-book and price-to-earnings. The analyst lowered his near-term orders outlook...

In a report published Thursday, Barclays Capital analyst Stephen Kim reiterated an Equal-Weight rating on Toll Brothers (NYSE: TOL), and raised the price target from $40.00 to $41.00. In the report, Barclays Capital noted, “Toll Brothers (TOL) reported 2Q14 adjusted diluted EPS of $0.36, vs. our $...

On Tuesday, Barclays released a note on the homebuilding sector, moving towards a stock picking approach. Analyst Stephen Kim downgraded shares of PulteGroup (NYSE: PHM) from Equalweight to Underweight and lowered the price target from $21 to $20. Kim's “top pick” is D.R. Horton (NYSE: DHI); he...