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D.r. Horton, Inc. (DHI) [hlAlert]

Rating:
Neutral DHI

D.r. Horton, Inc. (DHI) rated Neutral by Credit Suisse

Posted on: Tuesday,  Sep 10, 2013  8:25 AM ET by Credit Suisse

Credit Suisse rated Neutral D.r. Horton, Inc. (NYSE: DHI) on 09/10/2013. Previously Credit Suisse rated Underperform D.r. Horton, Inc. (NYSE: DHI) on
03/03/2009., when the stock price was $8.25. Since then, D.r. Horton, Inc. has gained 57.94% as of 02/12/2010's recent price of $13.03.
If you would have followed the previous Credit Suisse's recommendation on DHI, you would have lost 36.68% of your investment in 346 days.

D.R. Horton, Inc. (D.R. Horton) is a homebuilding company in the United States. It constructs and sells homes, through the operating divisions in 27 states and 75 metropolitan markets of the United States. The Company?s homes range in size from 1000 to 4000 square feet. During the fiscal year ended September 30, 2009 (fiscal 2009), the Company closed 16,703 homes. The Company?s operating segments consists of six homebuilding segments and a financial services segment. In fiscal 2009, the homebuilding operations comprised of 99% of the consolidated revenues of the Company. In addition to building single-family detached homes, D.R. Horton also build attached homes, such as town homes, duplexes, triplexes and condominiums (including some mid-rise buildings), which share common walls and roofs. In fiscal 2009, the sale of detached homes generated approximately 81% of the home sales revenues.

Excellence in equity and fixed income research is a hallmark of Credit Suisse. Globally, our equity research analysts provide in-depth coverage of over 2,500 companies and engage in a knowledge-sharing, value added culture that has yielded the most insightful product for our customers and tremendous competitive results. Additionally, Credit Suisse's powerful macro-economic and debt strategy teams integrate the bank's comprehensive company research with keen market perspectives of the ever-shifting investment terrain.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2013 8:25 AM Hold
None
19.12
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/12/2010 8:25 AM Hold
None
13.03
2/12/2010 8:25 AM Hold
None
13.03
3/3/2009 8:25 AM Sell
None
8.25
9/9/2008 8:25 AM Hold
None
13.69
6/24/2008 8:25 AM Buy
None
11.90 14.00

(*) Stock Price at the time of the recommendation.
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