Citi Resumes Homebuilders: PHM, OC, DHI at Buy, TOL, RYL, MTH, KBH, MAS at Neutral, MDC, LEN, BZH at Sell

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Price: $22.43 -2.69%

Rating Summary:
11 Buy, 10 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
Up: 13 | Down: 28 | New: 14

Trade PHM Now!

An analyst at Citi assumed coverage on a litany of Homebuilder and Homebuilding-related stocks Friday morning:

Pulte Group (NYSE: PHM) - with a Buy, price target raised from $9 to $10.50
Owens Corning (NYSE: OC) - with a Buy, price target raised from $32 to $36
DR Horton (NYSE: DHI) - with a Buy, up from Neutral previously, price target raised from $15.50 to $19
Toll Bros. (NYSE: TOL) - with a Neutral, target raised from $6 to $27
Ryland (NYSE: RYL) - with a Neutral, target raised from $20.50 to $22
Meritage Homes (NYSE: MTH) - with a Neutral, target raised from $18 to $28
KB Home (NYSE: KBH) - with a Neutral, target lowered from $11.50 to $8
Masco (NYSE: MAS) - with a Neutral, target raised from $12 to $13
MDC Holdings (NYSE: MDC) - with a Sell, down from Neutral previously, price target lowered from $26 to $23
Lennar (NYSE: LEN) - with a Sell, down from Neutral previously, price target lowered from $26 to $22
Beazer Homes (NYSE: BZH) - with a Sell, down from Buy previously, price target lowered from $4.50 to $1.80

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