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Stock Market & Financial Investment News

News Breaks
January 11, 2013
07:18 EDTKBHKB Home shares undervalued, says RBC Capital
RBC Capital believes that KB Home isn't getting full credit from investors for its improving sales prices and cost control initiatives. The firm contends that investors are underestimating the benefits of the company's large exposure to the recovering California and Texas markets, and the firm maintains a $19 price target and Outperform rating on the stock.
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