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

June 8, 2012 7:49 AM EDT Send to a Friend
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Price: $18.39 --0%

Rating Summary:
    13 Buy, 6 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 1 | Down: 0 | New: 0
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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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