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LEN

Lennar

$56.75

0.48 (0.85%)

, PHM

PulteGroup

$27.78

0.45 (1.65%)

06:19
10/20/17
10/20
06:19
10/20/17
06:19

Lennar upgraded to Buy from Neutral at Citi

Citi analyst Will Randow upgraded Lennar (LEN) to Buy and raised his price target for the shares to $67 from $59. The stock's underperformance relative to PulteGroup (PHM) overdone, and its growth trajectory and ability to monetize ancillary assets remains on track, Randow tells investors in a research note. The analyst this morning also downgraded PulteGroup to Sell.

LEN

Lennar

$56.75

0.48 (0.85%)

PHM

PulteGroup

$27.78

0.45 (1.65%)

  • 24

    Oct

  • 14

    Nov

LEN Lennar
$56.75

0.48 (0.85%)

09/19/17
09/19/17
DOWNGRADE
Target $53

Neutral
Lennar downgraded to Neutral on impact from hurricanes at Mizuho
As previously reported, Mizuho downgraded Lennar to Neutral from Buy and cut its price target to $53. Analyst Haendel St. Juste adjusted estimates to reflect previously assumed late 2017 closings moving into early 2018 following hurricanes Harvey and Irma. The analyst said Lennar receives approximately 40% of its revenue from the impacted regions and and recommends moving to the sidelines given increased certainty and expected negative impact on operations.
10/04/17
MKMP
10/04/17
UPGRADE
MKMP
Buy
Lennar upgraded to Buy from Neutral at MKM Partners
10/04/17
MKMP
10/04/17
UPGRADE
MKMP
Buy
Lennar upgraded on margins, potential share buybacks at MKM Partners
As noted earlier, MKM Partners upgraded Lennar to Buy from Neutral. After the company reported higher than expected Q3 EPS, analyst Megan McGrath believes that its margins are stabilizing. Additionally, she thinks that the company could launch share buybacks "and return-enhancing activities within the next year." Target $64.
10/04/17
10/04/17
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Toyota (TM) upgraded to Buy from Neutral at Citi with analyst Arifumi Yoshida saying he believes Toyota's market share in the U.S. is recovering and thinks its development trends in all-solid-state batteries can drive multiple expansion. 2. Sanchez Energy (SN) upgraded to Neutral from Sell at Seaport Global with analyst Mike Kelly citing valuation. 3. Jack in the Box (JACK) upgraded to Outperform from Market Perform at Telsey Advisory with analyst Bob Derrington saying the company is "increasing its focus" on "improving its business trends." 4. Lennar (LEN) upgraded to Buy from Neutral at MKM Partners with analyst Megan McGrath saying she believes that its margins are stabilizing. 5. Dollar Tree (DLTR) upgraded to Buy from Neutral at Cleveland Research with analyst Scott Bender saying checks indicate Family Dollar trends have improved "noticeably" in the third quarter driven by a combination of company specific initiatives including remodels, merchandising changes, and operational improvements, and a general improvement in dollar channel sales trends. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
PHM PulteGroup
$27.78

0.45 (1.65%)

07/13/17
WEDB
07/13/17
UPGRADE
WEDB
Neutral
PulteGroup upgraded to Neutral from Underperform at Wedbush
07/13/17
WEDB
07/13/17
UPGRADE
WEDB
Neutral
PulteGroup upgraded on results outlook, lack of negative catalysts at Wedbush
As noted earlier, Wedbush upgraded PulteGroup to Neutral from Underperform. As reasons for the upgrade, analyst Jay McCanless cited his belief that the company's Q2 EPs will probably come in above the consensus outlook while the stock lacks new negative catalysts. However, he expects its order growth to come in below the consensus outlook and " remains unconvinced about PHM's strategy of relevering the balance sheet and accelerating land purchases. " Target to $22 from $15.
07/26/17
SUSQ
07/26/17
DOWNGRADE
SUSQ
Neutral
PulteGroup downgraded to Neutral from Positive at Susquehanna
09/14/17
JPMS
09/14/17
UPGRADE
Target $32
JPMS
Overweight
Century Communities upgraded to Overweight from Neutral at JPMorgan
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).

TODAY'S FREE FLY STORIES

TSLA

Tesla

$315.05

2.55 (0.82%)

10:21
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GT

Goodyear Tire

$29.94

0.63 (2.15%)

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HMC

Honda

$32.62

0.02 (0.06%)

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PG

Procter & Gamble

$88.43

-0.82 (-0.92%)

09:48
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Activist investors Nelson Peltz still in P&G picture, Barron's says »

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BHGE

Baker Hughes

$30.91

0.76 (2.52%)

, GE

General Electric

$18.21

-0.04 (-0.22%)

09:39
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11/18
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Periodicals
Buy Baker Hughes, Barron's says »

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BHGE

Baker Hughes

$30.91

0.76 (2.52%)

GE

General Electric

$18.21

-0.04 (-0.22%)

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  • 14

    Dec

CSCO

Cisco

$35.90

0.02 (0.06%)

09:19
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11/18
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  • 27

    Nov

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    Nov

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    Dec

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    Jan

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    Jan

IBM

IBM

$148.97

-0.15 (-0.10%)

09:10
11/18/17
11/18
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09:10
Periodicals
IBM could be next to fetch higher valuation, Barron's says »

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  • 27

    Nov

GE

General Electric

$18.21

-0.04 (-0.22%)

09:05
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11/18
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09:05
Periodicals
Option play offer some help given GE dividend, depressed stock, Barron's says »

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GE

General Electric

$18.21

-0.04 (-0.22%)

09:00
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11/18
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Periodicals
Risk remains after GE dividend cut, Barron's says »

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TWX

Time Warner

$88.72

0.71 (0.81%)

, T

AT&T

$34.51

-0.01 (-0.03%)

08:21
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11/18
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Hot Stocks
Week in review: How Trump's policies moved stocks »

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TWX

Time Warner

$88.72

0.71 (0.81%)

T

AT&T

$34.51

-0.01 (-0.03%)

NYT

New York Times

$17.65

0.05 (0.28%)

TEX

Terex

$44.82

0.8 (1.82%)

03/08/13
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  • 28

    Nov

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    Nov

TPIC

TPI Composites

$19.06

-0.97 (-4.84%)

07:25
11/18/17
11/18
07:25
11/18/17
07:25
Conference/Events
TPI Composites to host investor day »

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  • 05

    Dec

SYNA

Synaptics

$38.21

0.57 (1.51%)

04:55
11/18/17
11/18
04:55
11/18/17
04:55
Conference/Events
Synaptics management to meet with KeyBanc »

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  • 18

    Nov

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

18:01
11/17/17
11/17
18:01
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18:01
Hot Stocks
S&P announces changes to S&P MidCap 400, S&P SmallCap 600 indices »

S&P Dow Jones Indices…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

03/08/13
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  • 28

    Nov

  • 06

    Dec

WGL

WGL Holdings

$84.32

-0.14 (-0.17%)

18:01
11/17/17
11/17
18:01
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Earnings
WGL Holdings reports Q4 adjusted EPS (17c), consensus (19c) »

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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

, LMOS

Lumos Networks

17:58
11/17/17
11/17
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17:58
Hot Stocks
Tactile Systems to replace Lumos Networks in S&P 600 at open on 11/22 »

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TCMD

Tactile Systems

$25.98

-0.23 (-0.88%)

LMOS

Lumos Networks

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  • 28

    Nov

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

, MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

17:56
11/17/17
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Hot Stocks
Breaking Hot Stocks news story on Invesco Mortgage, MKS Instruments »

Invesco Mortgage to…

IVR

Invesco Mortgage

$17.36

0.07 (0.40%)

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

03/08/13
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MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

, BRCD

Brocade

17:55
11/17/17
11/17
17:55
11/17/17
17:55
Hot Stocks
MKS Instruments to replace Brocade in S&P 400 at open on 11/22 »

S&P 500 constituent…

MKSI

MKS Instruments

$103.50

-0.35 (-0.34%)

BRCD

Brocade

AVGO

Broadcom

$271.86

-0.25 (-0.09%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 06

    Dec

UQM

UQM Technologies

$1.18

0.015 (1.29%)

17:24
11/17/17
11/17
17:24
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17:24
Syndicate
Breaking Syndicate news story on UQM Technologies »

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GS

Goldman Sachs

$238.02

-1.35 (-0.56%)

17:23
11/17/17
11/17
17:23
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17:23
Periodicals
Goldman Sachs has $510M lawsuit dismissed, Reuters reports »

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VICL

Vical

$1.94

-0.02 (-1.02%)

17:18
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Breaking Hot Stocks news story on Vical »

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LGND

Ligand

$140.31

-1.4 (-0.99%)

17:18
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Hot Stocks
Ligand director sells 5,000 common shares »

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LGND

Ligand

$140.31

-1.4 (-0.99%)

17:17
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Hot Stocks
Ligand CFO sells 6,559 common shares »

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LGND

Ligand

$140.31

-1.4 (-0.99%)

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Hot Stocks
Ligand CEO sells 5,269 common shares »

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MBI

MBIA

$9.01

0.13 (1.46%)

17:15
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Hot Stocks
Breaking Hot Stocks news story on MBIA »

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RBCN

Rubicon

$8.07

0.1218 (1.53%)

17:03
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Breaking Hot Stocks news story on Rubicon »

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