KB Home (KBH) Posts Q2 Loss of 4c/Share

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UBS Maintains Sell on KB Home (KBH)

June 28, 2013 12:47 PM EDT

UBS today maintained a Sell rating on KB Home (NYSE: KBH) with a modified price target of $14.00 (from $11.00). KB Home recently impressed investors with solid Q2 results.

Commenting, David Goldberg said, "Unit orders +6% YOY, as mgmt increasingly focuses on preserving its land to maximize... More