JMP Securities Upgrades Hovnanian To Market Perform

Analysts at JMP Securities upgraded Hovnanian Enterprises

from Market Underperform to Market Perform. The price target for Hovnanian Enterprises is set to $4. Hovnanian shares have dropped 26.45% over the past 52 weeks, while the S&P 500 index has gained 10.64% in the same period. Hovnanian's shares rose 0.79% to close at $3.81 yesterday.