Lennar, KB Home, Toll downgraded, Dream Finders upgraded at BofA

Aug. 25, 2022 9:27 AM ETDream Finders Homes, Inc. (DFH), TOL, KBH, LENBy: Liz Kiesche, SA News Editor1 Comment

Spurred By Rising Prices, Phoenix Undergoes A New Housing Boom

Justin Sullivan

BofA Securities analyst Rafe Jadrosich downgraded homebuilders Lennar (NYSE:LEN), KB Home (NYSE:KBH) and Toll Brothers (NYSE:TOL) after new home demand has reset lower over the past three months after two years of unusually strong growth.

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