Raymond James Upgrades TOL to Strong Buy, RYL, PHM, MDC to Outperform, SPF, KBH to Market Perform

Raymond James' Buck Horne upgraded a number of stocks in the Homebuilding sector Monday morning:

• Toll Bros. (NYSE: TOL) from Market Perform to Strong Buy
  
• Ryland (NYSE: RYL) from Market Perform to Outperform
  
• Pulte (NYSE: PHM) from Market Perform to Outperform
  
• MDC Holdings (NYSE: MDC) from Market Perform to Outperform
  
• Standard Pacific (NYSE: SPF) from Underperform to Market Perform
  
• KB Home (NYSE: KBH) from Underperform to Market Perform

The SPDR S&P Homebuilders ETF is up 0.4 percent at last check.

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