Credit Suite likes what it sees in William Lyon Home

Credit Suisse on Monday issued a report on William Lyon Home-A

. Credit Suisse currently rates William Lyon Home as Outperform and raised their price target from $22.00 to $24.00. Analysts Michael Dahl, Patrick Murray, and Anthony Trainor wrote, "expectations for significant volume growth and solid operating margin profile over the next three years, driven by William Lyon's long, attractively located land position, as it controls six years of land on a forward basis across California, Arizona, Nevada, Colorado, Washington, and Oregon." Credit Suisse believes that William Lyons Home will see fewer orders placed from the previous year which could lead to lower gross margins. However this is offset by William Lyons Home's strong growth profile and valuable landholdings. William Lyons Home closed Friday at $22.12.