John Lovallo

The U.S. housing market has been red-hot since the Federal Reserve cut interest rates to zero back in March 2020. Yet one Wall Street analyst said Tuesday that some homebuilder stocks are better than others heading into 2021. The Homebuilder Analyst: BofA Securities analyst John Lovallo has issued...

Despite strong housing tailwinds, Azek Company Inc’s (NYSE: AZEK) may be negatively impacted by hopes of a COVID-19 vaccine, according to BofA Securities. The Azek Analyst: John Lovallo downgraded Azek from Neutral to Underperform and reduced the price target from $39 to $36. The Azek Thesis...

Homebuilders may be among the beneficiaries from low interest rates and federal stimulus packages aimed at buffering the economic strain from the coronavirus pandemic, according to BofA Securities.  “We believe current strength in new home, repair and remodeling and recreational vehicle...

Homebuilder KB Home (NYSE: KBH) reported third-quarter results Wednesday that weer notable for an earnings beat, strong growth in net orders and deliveries — and a slight sales miss. Here's how the Street reacted.  The Analysts KeyBanc Capital Markets analyst Kenneth Zener...

Toll Brothers Inc (NYSE: TOL) reported a top-and-bottom-line beat in its fiscal third-quarter on Tuesday. The luxury homebuilder followed up with encouraging commentary on the fiscal fourth quarter. Here's how some of the Street's top analysts reacted to the print. The Analysts Wells...

Lennar Corporation (NYSE: LEN) stock remains attractive in the long term, sell-side analysts said Wednesday after investors sent the share price on a post-earnings roller-coaster ride. The homebuilder had a strong earnings and revenue beat that boosted the stock early Tuesday, but sellers brought...

Camping World Holdings Inc (NYSE: CWH) and other RV dealers are expected to benefit in the near-term from a possible deceleration in the production of recreational vehicles, resulting in a mismatch between manufacturer shipments and retail sales, according to Bank of America Merrill Lynch. The 2019...

Amid a more bullish outlook on the U.S. new construction cycle, Bank of America Merrill Lynch has adopted a bullish stance on homebuilders, but remains cautious on building product manufacturers. The Analyst Analyst John Lovallo downgraded Fortune Brands Home & Security Inc (NYSE: FBHS)...

Homebuilder M.D.C. Holdings, Inc. (NYSE: MDC) reported better-than-expected second-quarter earnings Wednesday, prompting an upgrade from Bank of America Merrill Lynch.  The Analyst Analyst John Lovallo upgraded M.D.C. Holdings from Underperform to Buy and raised the ...

KB Home (NYSE: KBH)'s fiscal second-quarter report Thursday prompted Bank of America Merrill Lynch to shift from a bearish to a bullish stance.   The Analyst Bank of America's John Lovallo II upgraded KB Home from Underperform to Buy with a price target lifted from $32 to $37...

Bears see Tesla Motors Inc (NASDAQ: TSLA)'s plan to unveil new home and utility-scale battery products Thursday as an effort to divert attention from its struggling core business. But bulls say the business could add $100 a share to the company's stock price within five years. Tesla,...

Analysts at Bank of America are not buying into the Tesla Motors Inc (NASDAQ: TSLA) hype. In fact, analyst John Lovallo just cut his price target for the electric car manufacturer to $65, from $70 previously. That’s not a misprint – Lovallo expects the stock to plummet more than 70...

Tesla (NASDAQ: TSLA) is scheduled to report its fourth quarter results after the closing bell on Wednesday. The company is expected to earn $0.18 per share on revenue of $657.15 million. As shares of Tesla recently surpassed the $200.00 mark, investors are expecting the company to impress...