KB 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.
News For KBH From The Last 14 Days
Check below for free stories on KBH the last two weeks.
On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: AVG Technologies (AVG) downgraded to Neutral from Buy at Goldman... Cigna (CI) downgraded to Hold from Buy at Jefferies... Cree (CREE) downgraded to Neutral from Buy at Sterne Agee... Melco Crown (MPEL) downgraded to Neutral from Buy at UBS... SolarCity (SCTY) downgraded to Neutral from Buy at Roth Capital... KB Home (KBH) downgraded to Market Perform from Outperform at Raymond James... Ryland Group (RYL) downgraded to Underperform from Market Perform at Raymond James... Alere (ALR) downgraded to Hold from Buy at Craig-Hallum... Evolution Petroleum (EPM) downgraded to Hold from Buy at MLV Equity... Oil States (OIS) downgraded to Hold from Buy at BB&T... VIVUS (VVUS) downgraded to Neutral from Buy at Lazard Capital.
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