Goldman Sachs Upgrades Three Homebuilders, Downgrades Four

 |  Includes: DHI, HOV, LEN, MDC, MHO, RYL, TOL
by: TickerSense

Goldman upgraded four homebuilder stocks this morning and downgraded three. Looking at the BARR ratings which rank analysts' performance based on their recommendations over the past year, Goldman has done pretty well on the stocks they changed ratings on today. They rank first for The Ryland Group (NYSE:RYL), which they upgraded from sell to neutral, and second for D.R. Horton (NYSE:DHI) (upgraded to buy) and M/I Homes (NYSE:MHO) (downgraded to sell).

Please see the table below (if there is no ranking, it means they do not rank in the top 5 of analysts covering the stock):

click to enlarge