Market Currents
Lennar (LEN +1.3%), Toll Brothers (TOL), and PulteGroup (PHM +1.9%) are all upgraded to Buy by...
-
Friday, April 13, 2012, 7:57 AM ETLennar (LEN +1.3%), Toll Brothers (TOL), and PulteGroup (PHM +1.9%) are all upgraded to Buy by KeyBanc, which thinks "sustained local job growth" will give the homebuilders a lift. The firm thinks Toll's high-end focus and land acquisitions should allow it to deliver the best performance of the group, while PulteGroup is declared to be its "most cyclical call."
Other date
Latest Articles
This news story has 1 comment:
These homebuilders are like Global Crossing and the other dot com high fliers after the bust. They've had their day in the sun and will never recover to anything like their old highs. Eventually they'll fade into the dustbin of history as the economy moves on without them.