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Compass Point Sees Toll Brothers As Fairly Valued At Current Levels
Wednesday, February 25, 2015 - 8:35am | 180In a report published Wednesday, Compass Point analyst Wilkes Graham reiterated a Neutral rating and $37.50 price target on Toll Brothers Inc. (NYSE: TOL). In the report, Compass Point noted, "We reiterate our Neutral rating and $37.50 price target on shares of TOL. TOL reported strong 1Q15...
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Compass Point Reiterates Rating, Raises Price Target On Lennar On 2016 Valuation
Friday, January 16, 2015 - 8:50am | 190In a report published Friday, Compass Point analyst Wilkes Graham reiterated a Neutral rating on Lennar Corporation (NYSE: LEN), and raised the price target from $40.00 to $47.00. In the report, Compass Point noted, “LEN reported an 11 cent headline beat in 4Q14, though 70% of the beat was driven...
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UPDATE: Compass Point Reiterates Lowers PT On Winthrop Realty Trust On Ex-Date Of First Liquidation Dividend
Wednesday, December 31, 2014 - 8:29am | 92In a report published Wednesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Winthrop Realty Trust (NYSE: FUR), but lowered the price target from $21.00 to $19.00. In the report, Compass Point noted, “We are reiterating our Buy rating on shares of FUR and adjusting our price...
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UPDATE: Compass Point Downgrades Hovnanian Enterprises, Says Stock Is Fairly Valued
Friday, December 12, 2014 - 9:30am | 221Compass Point downgraded Hovnanian Enterprises, Inc. (NYSE: HOV) Friday from Buy to Neutral and maintained a $4.50 price target. Analyst Wilkes Graham noted that “with the stock up +37 percent since our October 13th upgrade, or more than double the amount the rest of our coverage (up 16...
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Compass Point: Hope Trade Still On
Thursday, November 13, 2014 - 3:11pm | 121Wilkes Graham of Compass Research stated on Thursday that the “Hope Trade” could result in a 10 to 20 percent upside potential. The “Hope Trade” refers to an annual occurrence where investors acquire shares of Homebuilders late in the year in anticipation of strong home sales in the following...
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UPDATE: Compass Point Reiterates On D.R. Horton On Positive 2015 Outlook
Wednesday, November 12, 2014 - 11:20am | 216In a report published Wednesday, Compass Point analyst Wilkes Graham reiterated a Buy rating on D.R. Horton, Inc. (NYSE: DHI), and raised the price target from $26.00 to $28.00. In the report, Compass Point noted, “We reiterate our Buy rating and are raising our price target to $28.00 from $26.00...
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Compass Point Research Offers 'The Home Builder Hope Trade'
Monday, October 13, 2014 - 11:49am | 486Wilkes Graham of Compass Point Research on Monday published a report titled ‘The Home Builder Hope Trade, 2014-2015 Edition.' Over the last 16 years, the homebuilders have outperformed the overall S&P 500 index between November 21 and February 6 by an average of 16 percent. Graham...
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UPDATE: Compass Point Upgrades KB Home
Monday, October 13, 2014 - 11:18am | 174Compass Point Research & Trading upgraded KB Home (NYSE: KBH) from Sell to Neutral and increased its price target from $13.50 to $15.50 in a report issued Monday. The upgrade from analysts Wilkes Graham and Megan Dunleavy followed "its underperformance and its focus on lower price...
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UPDATE: Compass Point Upgrades Hovnanian Enterprises
Monday, October 13, 2014 - 11:16am | 167Compass Point Research & Trading upgraded Hovnanian Enterprises, Inc. (NYSE: HOV) from Neutral to Buy and maintained its price target of $4 in a report issued Monday. The upgrade from analysts Wilkes Graham and Megan Dunleavy was based on the company's "track record for being an...
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UPDATE: Compass Point Upgrades D.R. Horton
Monday, October 13, 2014 - 11:13am | 220Compass Point Research & Trading upgraded D.R. Horton, Inc. (NYSE: DHI) from Neutral to Buy and raised its price target from $22 to $26 in a report issued Monday. The upgrade from analysts Wilkes Graham and Megan Dunleavy was based on the company's "above average exposure to...
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UPDATE: Compass Point Reiterates On KB Home Following Weak 3Q14 Earnings
Thursday, September 25, 2014 - 8:04am | 216In a report published Thursday, Compass Point analyst Wilkes Graham reiterated a Sell rating on KB Home (NYSE: KBH), but lowered the price target from $15.00 to $13.50. In the report, Compass Point noted, “KBH reported weak 3Q14 earnings across the board characterized by a 13 cent headline miss, -2...
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UPDATE: Compass Point Reiterates On Alexander & Baldwin As Grace, NOI Tick Higher
Friday, August 22, 2014 - 7:54am | 184In a report published Friday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Alexander & Baldwin (NYSE: ALEX), and raised the price target from $58.00 to $60.00. In the report, Compass Point noted, “We are reiterating our Buy rating and raising our price target to $60 from $58...
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Compass Point Updates Model For RLJ Lodging Trust Following Strong 2Q14 Earnings
Tuesday, August 19, 2014 - 9:32am | 179In a report published Tuesday, Compass Point analyst Wilkes Graham reiterated a Buy rating and $32.50 price target on RLJ Lodging Trust (NYSE: RLJ). In the report, Compass Point noted, “We reiterate our Buy rating and $32.50 price target. On August 5, RLJ reported strong 2Q14 earnings characterized...
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UPDATE: Compass Point Reiterates On Beazer Homes USA As Stock Remains Cheaper Than Peers
Friday, August 1, 2014 - 10:32am | 175In a report published Friday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Beazer Homes USA (NYSE: BZH), but lowered the price target from $25.00 to $21.50. In the report, Compass Point noted, “We reiterate our Buy rating on shares of BZH and lower our price target to $21.50 from...
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UPDATE: Compass Point Reiterates On Associated Estates Realty As Dispositions Push NAV Higher
Thursday, July 31, 2014 - 8:31am | 152In a report published Thursday, Compass Point analyst Wilkes Graham reiterated a Buy rating on Associated Estates Realty (NYSE: AEC), and raised the price target from $18.00 to $20.00. In the report, Compass Point noted, “We reiterate our Buy rating on shares of AEC and raise our price target to $...