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 13.57

+0.16 +1.19%
Volume: 3,677,914
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XHB 14.64

+0.25 +1.74%
Volume: 5,052,672
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