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Kb Home (KBH) [hlAlert]

Rating:
Hold KBH
up 23.95 %

Kb Home (KBH) downgraded to Hold by Stifel Nicolaus

Posted on: Thursday,  Dec 22, 2011  8:25 AM ET by Stifel Nicolaus

Stifel Nicolaus rated Hold Kb Home (NYSE: KBH) on 12/22/2011. Previously Stifel Nicolaus rated Buy Kb Home (NYSE: KBH) on 09/26/2011.,
when the stock price was $5.76. Since then, Kb Home has gained 23.96% as of 12/22/2011's recent price of $7.14.
If you would have followed the previous Stifel Nicolaus's recommendation on KBH, you would have gained 23.95% of your investment in 87 days.

KB Home is a builder of single-family homes with domestic operations in several western states, and international operations in France. Domestically, the company builds innovatively designed homes which cater primarily to first-time homebuyers, generally in medium-sized developments close to major metropolitan areas. Internationally, the company also builds commercial projects and high density residential properties such as condominium complexes.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/22/2011 8:25 AM Hold
None
7.14
as of 12/30/2011
1 Week   
1 Month down  -2.85 %
3 Months up  21.84 %
1 YTD down  -47.07 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/26/2011 8:25 AM Buy
None
5.76 9.00
7/14/2010 9:25 AM Buy
None
11.41 17.00
4/6/2010 8:25 AM Hold
None
16.52

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