KeyBanc analyst Kenneth Zener downgraded KB Home to Sector Weight from Overweight without a price target. The analyst says that while KB is poised to expand margins and reduce leverage, his current thesis points to a more neutral stance on the sector. A moderating macro outlook warrants a downgrade to Sector Weight, Zener tells investors in a research note.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSMetropolitan... To see the rest of the story go to thefly.com. See Story Here