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Fly News Breaks for September 14, 2017
PHM, TOL, BZH, CCS
Sep 14, 2017 | 05:53 EDT
JPMorgan analyst Michael Rehaut upgraded Century Communities (CCS) to Overweight saying the relative valuation looks attractive. The analyst expects Century to post above average gross and operating margin expansion. He raised his price target for the shares to $32 from $28. Rehaut this morning also upgraded Beazer Homes (BZH) to Overweight and downgraded Toll Brothers (TOL) to Neutral. His top pick in the Homebuilding sector is PulteGroup (PHM).
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