Credit Suisse Upgrades KB Home (KBH) to Neutral

June 29, 2009 8:36 AM EDT

Credit Suisse upgrades KB Home (NYSE: KBH) from Underperform to Neutral.

Shares of the homebuilder are trading modestly higher on the upgrade. In the pre-market session, KBH is up 1% to $13.55. Other homebuilders may feel a boost from the call. Check out the SPDR S&P Homebuilders ETF (NYSE: XHB).

To see all the analyst action on KB Home, visit our Analyst Ratings page.

KB Home constructs and sells homes in the United States.


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KBH 13.60

+0.19 +1.42%
Volume: 4,192,621
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XHB 14.68

+0.29 +2.02%
Volume: 6,236,768
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