KeyBanc Downgrades KB Home (KBH) to Sector Weight

(updating comment)

KeyBanc analyst Kenneth Zener downgraded KB Home (NYSE: KBH) from Overweight to Sector Weight.

The analyst comments "We downgrade KBH to SW based on: 1) less comfort in a 2H20 COVID-19 recovery despite sustained government stimulus, which 2) creates a higher threshold for a compelling risk to return outcome, 3) with transition from book valuation to earnings less clear, in our view."

For an analyst ratings summary and ratings history on KB Home click here. For more ratings news on KB Home click here.

Shares of KB Home closed at $24.52 yesterday.

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