Compass Point buys the dip in Beazer Homes

• Noting the company's above-average exposure to homebuyers who rely on credit due to its sector-low average price point, a small market cap, and large exposure to favorable markets (South and West), analyst Wilkes Graham upgrades Beazer Homes (NYSE:BZH) to Buy from Neutral.
• The $16.50 price target is 15% above Friday's close.
• Beazer has lost about one-third of its value since late June.