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JPMorgan Sticks To Bearish Call On LGI Homes As June Closings Disappoint
Wednesday, July 9, 2025 - 12:19pm | 400JPMorgan analyst Michael Rehaut reiterated the Underweight rating on LGI Homes, Inc. (NASDAQ:LGIH), lowering the price forecast from $52 to $47. On July 4, the company announced it closed on 457 homes in June 2025, lower than 571 homes in June 2024. As of June 30, 2025, LGI Homes had 146 active...
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KB Home Stock Jumps After Q2 Report, But Forecasts Leave Analysts Divided
Wednesday, June 25, 2025 - 9:14am | 384Shares of KB Home (NYSE:KBH) traded higher on Tuesday after the company reported upbeat fiscal second-quarter revenues a day earlier. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. BofA Securities On KB Home Analyst Rafe Jadrosich maintained a Buy...
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Whirlpool Spins Slower: JPMorgan Slashes Price Target As Tariff Pressures Mount
Monday, April 28, 2025 - 2:33pm | 361JPMorgan analyst Michael Rehaut on Sunday reiterated a Neutral rating on the shares of Whirlpool Corp (NYSE:WHR) and lowered the price forecast from $109 to $89. First-quarter sales declined 2% organically, missing expectations, while margins fell short due to North American weakness and increased...
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KB Home Saw 'Meaningful Improvement' In Orders After Price Cuts, Analyst Says
Wednesday, March 26, 2025 - 10:29am | 323Shares of KB Home (NYSE:KBH) were rising in early trading on Wednesday, after tanking in the previous session on the company's downbeat fiscal first-quarter revenues. The company is witnessing a softer start to the Spring selling season than in the past few years, according to JPMorgan. The KB Home...
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Mohawk Industries Is An Inexpensive Way To Play The Rebound In Repair/Remodel Demand, Says Bullish Analyst
Friday, January 10, 2025 - 11:59am | 282Shares of Mohawk Industries Inc (NYSE:MHK) are trading at a 12% discount from their 5-year averages and 28% lower than their 10-year average, according to JPMorgan. The Mohawk Industries Analyst: Analyst Michael Rehaut upgraded the rating for Mohawk Industries from Neutral to Overweight, while...
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Toll Brothers Q4 Beats Expectations, But Guidance Leaves Analysts Cautious
Tuesday, December 10, 2024 - 12:16pm | 631Shares of Toll Brothers Inc (NYSE:TOL) fell in early trading on Tuesday, even after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Toll Brothers Analyst Susan Maklari...
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JPMorgan Upgrades Lennar For 'Signficant and Ongoing Transformation'
Friday, June 18, 2021 - 3:38pm | 247Lennar Corporation’s (NYSE: LEN) stock valuation is attractive relative to peers and does not reflect the company’s “significant and ongoing” transformation, according to JPMorgan. The Lennar Analyst: Michael Rehaut upgraded the rating for Lennar from Neutral to Overweight,...
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JPMorgan Sends Beacon Roofing To The 'Penalty Box' After Q2 Miss
Thursday, May 10, 2018 - 4:23pm | 369Beacon Roofing Supply, Inc. (NASDAQ: BECN) saw its stock sell off more than 10 percent in reaction to a notable earnings miss in its fiscal second quarter, prompting JPMorgan to send the company to the "penalty box." The Analyst JPMorgan's Michael Rehaut downgraded Beacon...
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JPMorgan Answers Questions On The Homebuilder Sector, Projects 'More Modest' 2018
Tuesday, December 19, 2017 - 6:11pm | 705Investors with exposure to the homebuilding sector are likely happy with the sector's performance throughout 2017, but there are plenty of unanswered questions as the new year approaches. The Analyst JPMorgan's Michael Rehaut. 10 Questions, Asked And Answered While homebuilders...
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JPMorgan Running From PulteGroup After CEO Loss
Tuesday, April 5, 2016 - 10:36am | 297On April 4, PulteGroup, Inc. (NYSE: PHM) announced the resignation of its CEO, Richard Dugas, effective May 2017. JPMorgan’s Michael Rehaut downgraded the rating on the company from Overweight to Neutral, while lowering the price target from $21.50 to $18.00, following the announcement...
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A JP Morgan Portfolio Switch: Whirlpool Upgraded, Mohawk Downgraded
Tuesday, March 15, 2016 - 10:08am | 329JPMorgan’s Michael Rehaut upgraded the rating for Whirlpool Corporation (NYSE: WHR) from Neutral to Overweight, with a price target of $205, while downgrading the rating for Mohawk Industries, Inc. (NYSE: MHK) from Overweight to Neutral, with a price target of $215. Mohawk The company...
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The Bullish Research Boosting Toll Brothers Stock
Friday, November 13, 2015 - 10:39am | 288Toll Brothers Inc (NYSE: TOL) shares have dipped 9 percent in the last three months, after hotting a high of $41.88 on August 18. JP Morgan’s Michael Rehau upgraded the rating on the company from Neutral to Overweight, while raising the price target from $41.50 to $45. Above-average...
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JP Morgan Still Likes Housing
Tuesday, September 9, 2014 - 4:07pm | 236In a note out Tuesday, analyst Michael Rehaut of JP Morgan provided an update on homebuilder stocks through year-end. While still bullish, Rehaut has taken a more guarded stance, as noted in the quote below: "More broadly, we expect the housing recovery to resume at a moderate pace over...
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UPDATE: J.P. Morgan Upgrades Armstrong World Industries As ValueAct Creates New Floor In Stock
Monday, August 4, 2014 - 8:19am | 133In a report published Monday, J.P. Morgan analyst Michael Rehaut upgraded the rating on Armstrong World Industries (NYSE: AWI) from Underweight to Neutral, and raised the price target from $49.00 to $56.50. In the report, J.P. Morgan noted, “We rate AWI Neutral, as while activist investor ValueAct'...
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UPDATE: JP Morgan Downgrades Ply Gem Holdings on Recent Operational Challenges
Monday, January 13, 2014 - 11:29am | 147In a report published Monday, JP Morgan analyst Michael Rehaut downgraded Ply Gem Holdings, Inc. (NYSE: PGEM) to Neutral from Overweight. According to the report, the downgrade follows recent operational challenges likely to continue for at least one to two more quarters. “We are downgrading PGEM...