Home Construction Stocks In Play

October 13, 2014 9:02 AM | 1 min read | Make a Comment

Homebuilder stocks are in play Monday as analysts at Compass Point upgraded multiple names in the sector:

D.R. Horton, Inc. DHI upgraded to Buy; $26 price target.
Hovnanian Enterprises, Inc. HOV upgraded to Buy; $4.50 price target.
KB Home KBH upgraded to Neutral; $15.50 price target.

Beazer Homes USA, Inc. BZH maintained Buy rating; $22.50 price target.
Standard Pacific Corp. SPF maintained Buy rating; $10.50 price target.
The Ryland Group, Inc. RYL maintained Buy rating; $44.50 price target.

PulteGroup, Inc. PHM maintained Neutral rating; $19 price target.
Lennar Corporation LEN maintained Neutral rating; $40 price target.

Homebuilder stocks have underperformed the market in 2014; the iShares Home Construction ETF is down 0.18 percent year-to-date.

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