KB Home boosted by UBS upgrade

|About: KB Home (KBH)|By:, SA News Editor

KB Home (KBH +2.1%) is the strongest performer in the homebuilder sector this session after UBS cashes in its chips on its Sell call on the name.

The stock has been sliding since the start of March (down about 20%), the move broken only for a couple of days after cruising past earnings estimates in mid-March.