Goldman Sachs Downgrades NVR Inc. (NVR) to Sell

October 2, 2014 7:05 AM EDT
Get Alerts NVR Hot Sheet
Price: $4,821.27 +0.07%

Rating Summary:
    7 Buy, 9 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 10 | Down: 11 | New: 50
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Goldman Sachs downgraded NVR Inc. (NYSE: NVR) from Neutral to Sell with a price target of $1,050.00.

Analyst Eli Hackel said, "We are adding NVR, Inc. to the Americas Sell List with 7% downside vs. 16% upside for the rest of our coverage. NVR ranks last in terms of exposures as measured by the GS MSA Matrix, and we think its relative position has weakened, as the industry’s bounce off the low has occurred and we are seeing increased dispersion between the best performing markets and NVR’s markets."

For an analyst ratings summary and ratings history on NVR Inc. click here. For more ratings news on NVR Inc. click here.

Shares of NVR Inc. closed at $1115.98 yesterday.



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