Guggenheim raises its ratings on a slew of homebuilders to Buy today, saying the sharp decrease...

|By:, SA News Editor

Guggenheim raises its ratings on a slew of homebuilders to Buy today, saying the sharp decrease in existing home inventories has reduced exisiting home competition to a level supportive of order growth: Lennar (LEN +0.7%), Pulte (PHM -1.1%), Ryland (RYL -0.9%), Toll Brothers (TOL -0.6%), M/I Homes (MHO +1.2%).