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Fly News Breaks for December 6, 2019
KBH
Dec 6, 2019 | 05:10 EDT
Goldman Sachs analyst Susan Maklari initiated coverage of KB Home with a Neutral rating and $36 price target. The analyst initiated coverage of six homebuilding stocks with a positive sector view as her analysis of the housing market points to an acceleration in activity next year given an accommodative rate environment with broader economic expansion. However, she believes KB Home's margin improvement is fully reflected in its shares and awaits a better entry point.
News For KBH From the Last 2 Days
KBH
Mar 28, 2024 | 09:33 EDT
Keefe Bruyette raised the firm's price target on KB Home to $74 from $67 and keeps a Market Perform rating on the shares. The analyst increased estimates modestly post the company's Q1 results. While KB looks relatively attractive at 1.2-times forward book value, near mid-cap peers, Keefe has a preference for larger cap builders, the analyst tells investors in a research note.