KB Home (NYSE:KBH) has been downgraded to “underperform” from “buy” with a $21 price target, Bank of America said Monday. The firm said the company is facing higher lot costs. KB Home (NYSE:KBH) stock opened at $17.85 in last trading session, and closed at $17.66, trading in the range of $17.37 – $18.02. The stock showed a negative weekly performance of -12.14%.
Lennar Corp. (NYSE:LEN) was upgraded by research analysts at Ned Davis Research from a “sell” rating to a “neutral” rating in a report released on Monday, Analyst Ratings News reports. Lennar Corporation (NYSE:LEN) shares closed at $41.14 on last trade day, by gaining 0.24%. Stock 52 week range is $30.90 – $44.40. Company’s market capitalization is $8.41 billion.
Credit Suisse downgraded PulteGroup, Inc. (NYSE:PHM) to Neutral from Outperform following monthly survey results that indicate continued demand weakness and lower buyer traffic. The firm expects lower 1H 2014 absorption rates and margins. Price target is $20. PulteGroup, Inc. (NYSE:PHM) stock decreased -0.35% and finished the last session at $19.93. The EPS of the stock remained 6.70. Company’s market capitalization is $7.60 billion.
M.D.C. Holdings, Inc. (NYSE:MDC) is proud to announce that its Richmond American Homes of Florida subsidiary closed on property in Oakridge Landing in North St. Johns. M.D.C. Holdings, Inc. (NYSE:MDC) stock opened at $29.32 in last trading session and closed at $29.07. The 52 week range of the stock is $27.00 – $40.93 and the day range was $28.66 – $29.66.
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