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Analysts Say Homebuilder Environment Still Looks Good For Lennar
Wednesday, June 26, 2019 - 5:08pm | 525Lennar 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...
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Wells Fargo: Toll Brothers Delivers Solid Q2 Beat, But Guidance Fails To Meet Expectations
Wednesday, May 22, 2019 - 11:54am | 446Toll Brothers Inc (NYSE: TOL) reported second-quarter results that were ahead of expectations in almost every way — but its guidance disappointed on all metrics that matter, according to Wells Fargo. The Analyst Stephen East maintained an Outperform rating on Toll Brothers with an unchanged $...
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Sherwin-Williams Trades Higher On Wells Fargo Upgrade
Monday, January 14, 2019 - 5:31pm | 270Investors might be painting the downside to Sherwin-Williams Co (NYSE SHW) with too broad a brush, Wells Fargo said Monday in explaining an upgrade of the stock. The Analyst: Wells Fargo analyst Stephen East upgraded Sherwin-Williams to Outperform from Market Perform and boosted his price...
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Analysts Slash KB Home Targets Following Guidance Cut
Thursday, November 15, 2018 - 1:18pm | 385KB Home (NYSE: KBH) stock traded lower by 16 percent Thursday, on track for its worst day of trading since 1992. The market was spooked by the homebuilder’s weak Q4 guidance that the company said was negatively impacted by the California wildfires and a weak Texas market. The company cut Q4...
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Wells Fargo Finds 'A Litany Of Reasons' To Upgrade KB Home
Friday, March 23, 2018 - 11:34am | 359KB Home (NYSE: KBH) holds the unfortunate title of the worst-performing stock within the home builder group since its peak in January, but after the company's fiscal first-quarter report Thursday, there are "a litany of reasons" to turn bullish, according to Wells Fargo....
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JELD-WEN Is A 'Second Half Story,' Wells Fargo Says In Downgrade Note
Thursday, February 22, 2018 - 2:14pm | 342Despite being a well-run company with “significant long-term potential," the Charlotte, NC-based window manufacturer JELD-WEN Holding, Inc. (NYSE: JELD) may have to wait some time for another catalyst to push the stock in an upward direction, according to Wells Fargo. The Analyst...
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UPDATE: ISI Group Upgrades KB Home Following Earnings Report
Wednesday, September 25, 2013 - 10:40am | 194In a report published Wednesday, ISI Group analyst Stephen East upgraded the rating on KB Home (NYSE: KBH) from Cautious to Neutral. In the report, ISI Group noted, “Following KBH's earnings, we are upgrading our rating to Neutral from Cautious. We still have concerns about the California...
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UPDATE: ISI Group Upgrades The Ryland Group to Strong Buy on Multiple Positive Factors
Friday, July 26, 2013 - 11:12am | 169In a report published Friday, ISI Group analyst Stephen East upgraded the rating on The Ryland Group (NYSE: RYL) from Neutral to Strong Buy, and and named a $48.00 price target. In the report, ISI Group noted, “We are upgrading RYL to Strong Buy with a price target of $48. The execution this...