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Credit Suisse Upgrades KB Home (KBH) to Neutral

June 29, 2009 8:36 AM EDT
KBH Hot Sheet
Rating Summary:
    2 Buy, 15 Hold, 4 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
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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