Fox-Pitt Starts Coverage on Homebuilders (TOL, KBH, LEN, more..)

October 14, 2008 8:47 AM EDT

Fox-Pitt Kelton initiated coverage on numerous homebuilders this morning.

with an Outperform rating:

  • Toll Brothers (NYSE: TOL)
with an In Line rating:
  • Ryland Group (NYSE: RYL)
  • Pulte Homes (NYSE: PHM)
  • KB Home (NYSE: KBH)
with an Underperform rating:
  • Lennar (NYSE: LEN)
  • DR Horton (NYSE: DHI)
  • Centex (NYSE: CTX)


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New Coverage

Stocks Mentioned

CTX 5.51

-0.36 -6.13%
Volume: 10,555,160
Track CTX

DHI 4.34

-0.18 -3.98%
Volume: 14,005,851
Track DHI

KBH 8.02

-0.65 -7.50%
Volume: 8,958,246
Track KBH

LEN 3.64

-0.16 -4.21%
Volume: 12,139,855
Track LEN

PHM 7.12

-0.37 -4.94%
Volume: 11,913,570
Track PHM

RYL 11.43

-0.07 -0.61%
Volume: 2,821,340
Track RYL

TOL 14.99

+0.09 +0.60%
Volume: 7,719,302
Track TOL


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