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Fly Intel: Top five analyst upgrades » 10:03
06/30/20
06/30
10:03
06/30/20
10:03
WBK

Westpac

$12.42 /

+0.1 (+0.81%)

, CROX

Crocs

$36.03 /

+0.98 (+2.80%)

, PPG

PPG

$104.79 /

+0.85 (+0.82%)

, AWI

Armstrong World

$75.36 /

+1.12 (+1.51%)

, TOL

Toll Brothers

$31.28 /

-0.12 (-0.38%)

, ACRE

Ares Commercial

$9.07 /

+0.11 (+1.23%)

Catch up on today's…

Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Westpac (WBK) upgraded to Buy from Neutral at Goldman Sachs with analyst Andrew Lyons saying the company look well placed to deal with the end of the deferral period and is trading nearly two-third standard deviations cheap versus peers. 2. Crocs (CROX) upgraded to Buy from Hold at Loop Capital with analyst Laura Champine citing her industry checks showing strong e-commerce trends and stores reopening with positive comps, even though Champine warns that her model assumes that most stores will remain open against the risk of a second pandemic wave closing the economy again. 3. PPG (PPG) upgraded to Outperform from Market Perform at BMO Capital with analyst John McNulty saying recent time with management and data tied to the company's end markets indicate the potential for PPG's earnings to recover over the second half of 2020, and 2021/22 should come in above expectations. 4. Armstrong World (AWI) upgraded to Outperform from Neutral at Exane BNP Paribas. 5. Toll Brothers (TOL) and Ares Commercial (ACRE) were upgraded to Outperform from Market Perform at Keefe Bruyette. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

PPG PPG
$104.79 /

+0.85 (+0.82%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

AWI Armstrong World
$75.36 /

+1.12 (+1.51%)

ACRE Ares Commercial
$9.07 /

+0.11 (+1.23%)

WBK Westpac
$12.42 /

+0.1 (+0.81%)

06/30/20 Goldman Sachs
Westpac upgraded to Buy from Neutral at Goldman Sachs
06/05/20
Fly Intel: Top five analyst upgrades
06/04/20 UBS
Westpac upgraded to Buy from Neutral at UBS
06/01/20 Jefferies
Westpac downgraded to Underperform from Hold at Jefferies
CROX Crocs
$36.03 /

+0.98 (+2.80%)

06/30/20 Loop Capital
Crocs upgraded to Buy from Hold at Loop Capital
06/30/20 Piper Sandler
Piper remains buyer of Crocs after Texas store visits
06/30/20 Loop Capital
Crocs upgraded to Buy from Hold at Loop Capital
06/08/20 Monness Crespi
Crocs price target raised to $40 from $30 at Monness Crespi
PPG PPG
$104.79 /

+0.85 (+0.82%)

06/30/20 BMO Capital
PPG upgraded to Outperform from Market Perform at BMO Capital
06/26/20 Deutsche Bank
PPG price target raised to $115 from $108 at Deutsche Bank
06/09/20 BMO Capital
PPG price target raised to $121 from $98 at BMO Capital
06/02/20 RBC Capital
PPG price target raised to $112 from $102 at RBC Capital
AWI Armstrong World
$75.36 /

+1.12 (+1.51%)

06/30/20 Exane BNP Paribas
Armstrong World upgraded to Outperform from Neutral at Exane BNP Paribas
06/18/20 Zelman
Armstrong World added to Top Idea Basket as a Sell at Zelman
05/27/20 Credit Suisse
Armstrong World initiated with an Outperform at Credit Suisse
04/28/20 SunTrust
Armstrong World price target lowered to $95 from $100 at SunTrust
TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

06/29/20 Keefe Bruyette
Keefe Bruyette upgrades 'undervalued' Toll Brothers to Outperform
06/29/20 Keefe Bruyette
Toll Brothers upgraded to Outperform from Market Perform at Keefe Bruyette
06/15/20 Citi
Toll Brothers price target raised to $34 from $33 at Citi
06/05/20 Evercore ISI
Toll Brothers upgraded to Outperform from In Line at Evercore ISI
ACRE Ares Commercial
$9.07 /

+0.11 (+1.23%)

06/29/20 Keefe Bruyette
Keefe Bruyette upgrades Ares Commercial to Outperform, likes 14.8% yield
06/29/20 Keefe Bruyette
Ares Commercial upgraded to Outperform from Market Perform at Keefe Bruyette
04/27/20 Credit Suisse
Ares Commercial price target lowered to $9 from $17.50 at Credit Suisse
01/08/20 Credit Suisse
Credit Suisse upgrades Ares Commercial to Outperform on capital raising ability
TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

PPG PPG
$104.79 /

+0.85 (+0.82%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

AWI Armstrong World
$75.36 /

+1.12 (+1.51%)

ACRE Ares Commercial
$9.07 /

+0.11 (+1.23%)

  • 23
    Jan
  • 31
    Oct
PPG PPG
$104.79 /

+0.85 (+0.82%)

TOL Toll Brothers
$31.28 /

-0.12 (-0.38%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

CROX Crocs
$36.03 /

+0.98 (+2.80%)

Monday
Upgrade
Keefe Bruyette upgrades 'undervalued' Toll Brothers to Outperform » 16:24
06/29/20
06/29
16:24
06/29/20
16:24
TOL

Toll Brothers

$31.39 /

+2.08 (+7.10%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Jade Rahmani upgraded Toll Brothers to Outperform from Market Perform with a price target of $40, up from $39. The stock is "undervalued" relative to peers and likely to outperform in coming months, Rahmani tells investors in a research note. The analyst views the current valuation as attractive and expects Toll's business to benefit from increased demand for newer, suburban homes, "stronger resilience" in the affluent segment, and a potential increase in preference for larger, amenitized homes.

ShowHide Related Items >><<
TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

06/29/20 Keefe Bruyette
Toll Brothers upgraded to Outperform from Market Perform at Keefe Bruyette
06/15/20 Citi
Toll Brothers price target raised to $34 from $33 at Citi
06/05/20 Evercore ISI
Toll Brothers upgraded to Outperform from In Line at Evercore ISI
05/29/20 Keefe Bruyette
Toll Brothers price target raised to $36 from $27 at Keefe Bruyette
TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

Upgrade
Toll Brothers upgraded to Outperform from Market Perform at Keefe Bruyette » 16:17
06/29/20
06/29
16:17
06/29/20
16:17
TOL

Toll Brothers

$31.39 /

+2.08 (+7.10%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Jade Rahmani upgraded Toll Brothers to Outperform from Market Perform with a $40 price target. The stock's relative underperformance is overdone, says the analyst, who favors Toll's "suburban affluent" exposure.

ShowHide Related Items >><<
TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

06/15/20 Citi
Toll Brothers price target raised to $34 from $33 at Citi
06/05/20 Evercore ISI
Toll Brothers upgraded to Outperform from In Line at Evercore ISI
05/29/20 Keefe Bruyette
Toll Brothers price target raised to $36 from $27 at Keefe Bruyette
05/29/20 RBC Capital
Toll Brothers price target raised to $37 from $31 at RBC Capital
TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

TOL Toll Brothers
$31.39 /

+2.08 (+7.10%)

Over a week ago
Hot Stocks
Home-builders under pressure after KB Home's results, ratings » 17:01
06/25/20
06/25
17:01
06/25/20
17:01
LEN

Lennar

$59.80 /

+0.8 (+1.36%)

, KBH

KB Home

$29.44 /

-3.94 (-11.80%)

, HOV

Hovnanian

$21.74 /

-1.06 (-4.65%)

, PHM

PulteGroup

$32.58 /

-1.25 (-3.69%)

, TOL

Toll Brothers

$30.54 /

-0.84 (-2.68%)

, BZH

Beazer Homes

$9.46 /

-0.16 (-1.66%)

, DHI

D.R. Horton

$54.13 /

+0.1 (+0.19%)

Shares of home-builder…

Shares of home-builder stocks are under pressure on Thursday after peer KB Home (KBH) reported quarterly earnings and guidance that disappointed investors. The home-builder group, which has been a darling of Wall Street investors over the past year, is showing some strain amid a recent rebound in COVID-19 cases. KB DISAPPOINTS: On Wednesday evening, KB Home reported Q2 EPS ahead of analyst expectations on revenue that was slightly less than anticipated. For the current quarter, the home builder forecast housing revenue of $820M-$880M, lower than the consensus estimate of $1.06B. COVID RESURGENCE: KB noted that it expects employment, consumer confidence and other fundamental housing factors to also improve. "However, the speed, trajectory and strength of any such recovery remains highly uncertain, and it could be slowed or reversed by a number of factors, including a possible widespread resurgence in COVID-19 infections in the second half of 2020 without the availability of generally effective therapeutics or a vaccine for the disease," the home-builder added in a statement. ANALYST DOWNGRADES: On June 9, RBC Capital analyst Mike Dahl downgraded KB Home to Sector Perform from Outperform with a price target of $34, up from $26. Also in early June, JPMorgan analyst Michael Rehaut downgraded KB Home to Underweight from Neutral with a $32 price target. PRICE ACTION: Shares of KB Home ended the session down 12% to $29.83 per share. OTHER HOME-BUILDERS: Most of KB Homes' peers, including Hovnanian (HOV), PulteGroup (PHM), Toll Brothers (TOL), and D.R. Horton (DHI), were also lower, although Lennar (LEN) was up over 1%.

ShowHide Related Items >><<
TOL Toll Brothers
$30.54 /

-0.84 (-2.68%)

PHM PulteGroup
$32.58 /

-1.25 (-3.69%)

LEN Lennar
$59.80 /

+0.8 (+1.36%)

KBH KB Home
$29.44 /

-3.94 (-11.80%)

HOV Hovnanian
$21.74 /

-1.06 (-4.65%)

DHI D.R. Horton
$54.13 /

+0.1 (+0.19%)

BZH Beazer Homes
$9.46 /

-0.16 (-1.66%)

LEN Lennar
$59.80 /

+0.8 (+1.36%)

06/18/20 Raymond James
Lennar price target raised to $75 from $41 at Raymond James
06/17/20 RBC Capital
Lennar price target raised to $68 from $61 at RBC Capital
06/17/20 Wells Fargo
Lennar price target raised to $72 from $67 at Wells Fargo
06/17/20 Credit Suisse
Lennar price target raised to $71 from $62 at Credit Suisse
KBH KB Home
$29.44 /

-3.94 (-11.80%)

06/25/20
Fly Intel: Top five analyst downgrades
06/25/20 Wells Fargo
KB Home price target raised to $33 from $24 at Wells Fargo
06/25/20 RBC Capital
KB Home price target lowered to $33 from $34 at RBC Capital
06/25/20 Evercore ISI
KB Home downgraded to In Line from Outperform at Evercore ISI
HOV Hovnanian
$21.74 /

-1.06 (-4.65%)

12/27/19 Wedbush
Lower homes supply should support homebuilder pricing power, says Wedbush
12/06/19 Buckingham
Hovnanian price target raised to $27 from $24 at Buckingham
PHM PulteGroup
$32.58 /

-1.25 (-3.69%)

06/15/20 Citi
PulteGroup price target raised to $43 from $32 at Citi
06/11/20 JPMorgan
PulteGroup upgraded, KB downgraded as JPMorgan adjusts homebuilder ratings
06/11/20 JPMorgan
PulteGroup upgraded to Overweight from Neutral at JPMorgan
05/28/20 Zelman
Taylor Morrison added to Top Idea Basket at Zelman, PulteGroup removed
TOL Toll Brothers
$30.54 /

-0.84 (-2.68%)

06/15/20 Citi
Toll Brothers price target raised to $34 from $33 at Citi
06/05/20 Evercore ISI
Toll Brothers upgraded to Outperform from In Line at Evercore ISI
05/29/20 Keefe Bruyette
Toll Brothers price target raised to $36 from $27 at Keefe Bruyette
05/29/20 RBC Capital
Toll Brothers price target raised to $37 from $31 at RBC Capital
BZH Beazer Homes
$9.46 /

-0.16 (-1.66%)

04/07/20 Wedbush
Beazer Homes price target lowered to $8 from $16 at Wedbush
01/31/20 Wedbush
Wedbush doesn't see new catalyst emerging for Beazer Homes shares
01/31/20 Wedbush
Beazer Homes downgraded to Neutral from Outperform at Wedbush
DHI D.R. Horton
$54.13 /

+0.1 (+0.19%)

06/15/20 BTIG
D.R. Horton price target raised to $63 from $51 at BTIG
06/15/20 Citi
D.R. Horton price target raised to $69 from $56 at Citi
06/11/20 JPMorgan
D.R. Horton downgraded to Neutral from Overweight at JPMorgan
TOL Toll Brothers
$30.54 /

-0.84 (-2.68%)

PHM PulteGroup
$32.58 /

-1.25 (-3.69%)

LEN Lennar
$59.80 /

+0.8 (+1.36%)

KBH KB Home
$29.44 /

-3.94 (-11.80%)

HOV Hovnanian
$21.74 /

-1.06 (-4.65%)

DHI D.R. Horton
$54.13 /

+0.1 (+0.19%)

BZH Beazer Homes
$9.46 /

-0.16 (-1.66%)

DHI D.R. Horton
$54.13 /

+0.1 (+0.19%)

TOL Toll Brothers
$30.54 /

-0.84 (-2.68%)

PHM PulteGroup
$32.58 /

-1.25 (-3.69%)

LEN Lennar
$59.80 /

+0.8 (+1.36%)

KBH KB Home
$29.44 /

-3.94 (-11.80%)

BZH Beazer Homes
$9.46 /

-0.16 (-1.66%)

LEN Lennar
$59.80 /

+0.8 (+1.36%)

KBH KB Home
$29.44 /

-3.94 (-11.80%)

DHI D.R. Horton
$54.13 /

+0.1 (+0.19%)

Recommendations
Toll Brothers price target raised to $34 from $33 at Citi » 06:38
06/15/20
06/15
06:38
06/15/20
06:38
TOL

Toll Brothers

$31.80 /

+1.295 (+4.25%)

Citi analyst Anthony…

Citi analyst Anthony Pettinari raised the firm's price target on Toll Brothers to $34 from $33 and keeps a Neutral rating on the shares. The analyst raised targets and estimates for the homebuilders following "positive" trends in May and June. Several leading indicators show activity is re-accelerating at various stages of the home buying process, from online searches to real estate showings to mortgage applications, Pettinari tells investors in a research note.

ShowHide Related Items >><<
TOL Toll Brothers
$31.80 /

+1.295 (+4.25%)

TOL Toll Brothers
$31.80 /

+1.295 (+4.25%)

06/05/20 Evercore ISI
Toll Brothers upgraded to Outperform from In Line at Evercore ISI
05/29/20 Keefe Bruyette
Toll Brothers price target raised to $36 from $27 at Keefe Bruyette
05/29/20 RBC Capital
Toll Brothers price target raised to $37 from $31 at RBC Capital
05/27/20 Credit Suisse
Toll Brothers initiated with a Neutral at Credit Suisse
TOL Toll Brothers
$31.80 /

+1.295 (+4.25%)

TOL Toll Brothers
$31.80 /

+1.295 (+4.25%)

Upgrade
Toll Brothers upgraded to Outperform from In Line at Evercore ISI » 05:33
06/05/20
06/05
05:33
06/05/20
05:33
TOL

Toll Brothers

$34.44 /

-1.325 (-3.71%)

Evercore ISI analyst…

Evercore ISI analyst Stephen Kim upgraded Toll Brothers to Outperform from In Line with a $39 price target.

ShowHide Related Items >><<
TOL Toll Brothers
$34.44 /

-1.325 (-3.71%)

TOL Toll Brothers
$34.44 /

-1.325 (-3.71%)

05/29/20 Keefe Bruyette
Toll Brothers price target raised to $36 from $27 at Keefe Bruyette
05/29/20 RBC Capital
Toll Brothers price target raised to $37 from $31 at RBC Capital
05/27/20 Credit Suisse
Toll Brothers initiated with a Neutral at Credit Suisse
05/27/20 Credit Suisse
KB Home initiated with an Outperform at Credit Suisse
TOL Toll Brothers
$34.44 /

-1.325 (-3.71%)

TOL Toll Brothers
$34.44 /

-1.325 (-3.71%)

TOL Toll Brothers
$34.44 /

-1.325 (-3.71%)

Over a month ago
Recommendations
Toll Brothers price target raised to $36 from $27 at Keefe Bruyette » 08:34
05/29/20
05/29
08:34
05/29/20
08:34
TOL

Toll Brothers

$32.30 /

-0.65 (-1.97%)

Keefe Bruyette analyst…

Keefe Bruyette analyst Jade Rahmani raised the firm's price target on Toll Brothers to $36 from $27 and keeps a Market Perform rating on the shares. The analyst raised 2020 estimates by 47% and 2021 estimates by 11% following the company's Q2 results on higher homebuilding deliveries.

ShowHide Related Items >><<
TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

05/29/20 RBC Capital
Toll Brothers price target raised to $37 from $31 at RBC Capital
05/27/20 Credit Suisse
Toll Brothers initiated with a Neutral at Credit Suisse
05/27/20 Credit Suisse
KB Home initiated with an Outperform at Credit Suisse
05/11/20 Wedbush
Toll Brothers price target lowered to $35 from $48 at Wedbush
TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

Recommendations
Toll Brothers price target raised to $37 from $31 at RBC Capital » 07:09
05/29/20
05/29
07:09
05/29/20
07:09
TOL

Toll Brothers

$32.30 /

-0.65 (-1.97%)

RBC Capital analyst…

RBC Capital analyst Michael Dahl raised the firm's price target on Toll Brothers to $37 from $31 and keeps an Outperform rating on the shares after its Q2 earnings beat this week. The stock offers "strong relative value" even if the home construction recovery is slower as investor sentiment has remained "overly negative" on the company's high end and coastal market positioning, the analyst tells investors in a research note.

ShowHide Related Items >><<
TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

05/27/20 Credit Suisse
Toll Brothers initiated with a Neutral at Credit Suisse
05/27/20 Credit Suisse
KB Home initiated with an Outperform at Credit Suisse
05/11/20 Wedbush
Toll Brothers price target lowered to $35 from $48 at Wedbush
05/04/20 Evercore ISI
Toll Brothers upgraded to In Line from Underperform at Evercore ISI
TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

TOL Toll Brothers
$32.30 /

-0.65 (-1.97%)

Hot Stocks
Toll Brothers focused on growth in mountain states, South  11:44
05/28/20
05/28
11:44
05/28/20
11:44
TOL

Toll Brothers

$33.63 /

+0.685 (+2.08%)

 
ShowHide Related Items >><<
TOL Toll Brothers
$33.63 /

+0.685 (+2.08%)

TOL Toll Brothers
$33.63 /

+0.685 (+2.08%)

05/27/20 Credit Suisse
Toll Brothers initiated with a Neutral at Credit Suisse
05/27/20 Credit Suisse
KB Home initiated with an Outperform at Credit Suisse
05/11/20 Wedbush
Toll Brothers price target lowered to $35 from $48 at Wedbush
05/04/20 Evercore ISI
Toll Brothers upgraded to In Line from Underperform at Evercore ISI
TOL Toll Brothers
$33.63 /

+0.685 (+2.08%)

TOL Toll Brothers
$33.63 /

+0.685 (+2.08%)

TOL Toll Brothers
$33.63 /

+0.685 (+2.08%)

Hot Stocks
Toll Brothers saw highest deposit number since 2005 last week  11:26
05/28/20
05/28
11:26
05/28/20
11:26
TOL

Toll Brothers

$33.97 /

+1.025 (+3.11%)

 
ShowHide Related Items >><<
TOL Toll Brothers
$33.97 /

+1.025 (+3.11%)

TOL Toll Brothers
$33.97 /

+1.025 (+3.11%)

05/27/20 Credit Suisse
Toll Brothers initiated with a Neutral at Credit Suisse
05/27/20 Credit Suisse
KB Home initiated with an Outperform at Credit Suisse
05/11/20 Wedbush
Toll Brothers price target lowered to $35 from $48 at Wedbush
05/04/20 Evercore ISI
Toll Brothers upgraded to In Line from Underperform at Evercore ISI
TOL Toll Brothers
$33.97 /

+1.025 (+3.11%)

TOL Toll Brothers
$33.97 /

+1.025 (+3.11%)

TOL Toll Brothers
$33.97 /

+1.025 (+3.11%)

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