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Fly News Breaks for April 10, 2019
KBH
Apr 10, 2019 | 06:56 EDT
JPMorgan analyst Michael Rehaut upgraded KB Home to Neutral from Underweight and raised his price target for the shares to $23 from $20.50. The ongoing shift towards smaller-sized first-time product and double-digit community count growth should drive "above average fundamentals" in fiscal 2019 for KB Home, Rehaut tells investors in a research note. Further, the analyst believes believe KB's "healthy relative valuation is reasonable."
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