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Fly News Breaks for August 12, 2019
Aug 12, 2019 | 16:42 EDT
SunTrust analyst Rohit Seth initiated KB Home with a Buy rating and a price target of $35. The analyst sees the stock as an "attractive turnaround story" expected to generate market share gains and margin growth thanks to its "superior" product positioning, geographic presence, and community expansion, with operations in the "hottest" markets and given its high millenial exposure.
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