Barclays upgrades home builders Pulte (PHM +1.7%), KBH (KBH +1.6%), Armstrong (AWI +2.9%) and...

|By:, SA News Editor

Barclays upgrades home builders Pulte (PHM +1.7%), KBH (KBH +1.6%), Armstrong (AWI +2.9%) and Mohawk (MHK +1.9%) to Overweight, citing a strong start to spring selling season and improving data from builders and building products while their stocks have "underperformed." Huh? Home builders have been red-hot; XHB +65% since Oct. 3. (also)