D.R. Horton (NYSE:DHI) was downgraded by stock analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating in a report issued on Monday, TheFlyOnTheWall.com reports. They currently have a $20.00 price objective on the stock, up from their previous price objective of $17.00. Citigroup Inc.’s price objective would suggest a potential downside of 14.78% from the company’s current price. D.R. Horton, Inc. (NYSE:DHI) stock opened at $22.84 in last trading session, and closed at $22.62, trading in the range of $22.33 – $23.25. The stock showed a negative weekly performance of -7.03%.
Investment analysts at Compass Point lowered their price objective on shares of Hovnanian Enterprises (NYSE:HOV) from $5.75 to $5.00 in a note issued to investors on Thursday, AnalystRatings.NET reports. The firm currently has a “neutral” rating on the stock. Compass Point’s target price suggests a potential downside of 1.57% from the stock’s previous close. Hovnanian Enterprises, Inc. (NYSE:HOV) shares closed at $4.93 on last trade day, by losing -0.40%. Stock 52 week range is $4.65 – $6.80. Company’s market capitalization is $718.75 billion.
Credit Suisse downgraded Toll Brothers Inc (NYSE:TOL) 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 $39. Toll Brothers Inc (NYSE:TOL) stock decreased -0.68% and finished the last session at $38.00. The EPS of the stock remained 0.95. Company’s market capitalization is $6.75 billion.
Gafisa SA (ADR) (NYSE:GFA) stock has an average recommendation of Hold with an average target price of $4.33, according to Marketwatch. Gafisa SA (ADR) (NYSE:GFA) stock opened at $2.71 in last trading session and closed at $2.69. The 52 week range of the stock is $2.22 – $4.67 and the day range was $2.64 – $2.85.