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 14.63

-0.55 -3.62%
Volume: 2,672,431
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XHB 14.66

-0.24 -1.61%
Volume: 4,524,137
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