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Barclays: A Combined Lennar, CalAtlantic Has $250M In Synergies In 2019
Wednesday, February 7, 2018 - 4:10pm | 371Read More...Homebuilder Lennar Corporation (NYSE: LEN) announced a deal in October to buy CalAtlantic Group Inc (NYSE: CAA) for $7.7 billion, which would make the company one of the top three homebuilders in the U.S. The Analyst Barclays analyst Michael Dahl upgraded Lennar from Equal Weight to...
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Spring Is Heating Up For Homebuilders; Stocks Poised For Near-Term Upside
Tuesday, March 7, 2017 - 12:29pm | 431Read More...Barclays expects homebuilders to beat first-quarter orders, as its AGENT survey for February shows strong early spring demand and suggests upcoming catalysts for the group will likely be positive. The brokerage said PulteGroup, Inc. (NYSE: PHM), Lennar Corporation (NYSE: LEN) and TRI Pointe Group...
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Credit Suisse On Building Products Stocks: Fortune Brands, USG Downgraded
Tuesday, January 26, 2016 - 9:43am | 339Read More...While Fortune Brands Home & Security Inc (NYSE: FBHS) shares have lost 14 percent since January 4, shares of USG Corporation (NYSE: USG) have plummeted 30 percent. Credit Suisse’s Michael Dahl downgraded the rating for Fortune Brands from Outperform to Neutral and for USG from...
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Credit Suisse Upgrades Realogy To Neutral Following 'Sharp Pullback'
Wednesday, January 6, 2016 - 8:40am | 295Read More...Realogy Holdings Corp (NYSE: RLGY) shares declined steadily over the past six months, and have lost 28 percent since July 6. Credit Suisse’s Michael Dahl upgraded the rating for the company from Underperform to Neutral, while reducing the price target from $39 to $36. The recent...
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Builders FirstSource: What Credit Suisse Is Saying
Thursday, October 8, 2015 - 11:11am | 284Read More...Builders FirstSource, Inc. (NASDAQ: BLDR) shares have jumped 110 percent since April, when they hit a low of $6.84. Credit Suisse’s Michael Dahl initiated coverage of the company with a Neutral rating and a price target of $14. The company’s growth is dependent on its ability...
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Standard Pacific And Ryland: Does The Merger Make Sense?
Tuesday, June 16, 2015 - 3:04pm | 737Read More...Standard Pacific Corp. (NYSE: SPF) and Ryland Group Inc. (NYSE: RYL) announced a merger of equals Monday morning. The combination of the two companies will likely result in the fourth-largest home builder in the nation. In a joint press release, the companies announced the deal as an effort to...
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Credit Suisse Upgrades Toll Brothers, Boosts Price Target To $42
Thursday, June 11, 2015 - 10:30am | 175Read More...Michael Dahl, an analyst at Credit Suisse, has upgraded Toll Brothers Inc (NYSE: TOL) from Neutral to Outperform on Thursday morning. The company closed at $36.81 after Wednesday’s market session and rose 67 cents to $37.48 on Thursday morning. In particular, Dahl envisions a compelling...
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Here's What The Street's Saying About Lennar
Friday, March 20, 2015 - 10:24am | 369Read More...Lennar Corporation (NYSE: LEN) reported better than expected earnings on Thursday. EPS was $0.50 on revenue of $1.64 billion, beating the consensus estimate of $0.45 on $1.5 billion of revenue. In a statement, Lennar CEO Stuart Miller said, "In spite of some very difficult weather...
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Credit Suisse Raises Estimates On 1Q Beat For Lennar
Friday, March 20, 2015 - 8:51am | 120Read More...In a report published Friday, Credit Suisse analyst Michael Dahl reiterated a Neutral rating and $43.00 price target on Lennar Corporation (NYSE: LEN). In the report, Credit Suisse noted, "We are raising our '15 EPS est. to $3.05 (from $2.85), driven primarily by stronger homebuilding revs (...
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Credit Suisse Sees Weaker Margins Pushing Estimates Lower For Realogy
Thursday, March 19, 2015 - 8:40am | 170Read More...In a report published Thursday, Credit Suisse analyst Michael Dahl reiterated an Underperform rating and $37.00 price target on Realogy Holdings Corp. (NYSE: RLGY). In the report, Credit Suisse noted, "We now expect '15 adj. EBITDA of $797 mln (from $811 mln), with a margin of 14.2% (from 14.5%),...
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UPDATE: Credit Suisse Initiates Coverage On NCI Building Systems On Significant Runway
Friday, March 13, 2015 - 8:09am | 89Read More...In a report published Friday, Credit Suisse analyst Michael Dahl initiated coverage on NCI Building Systems, Inc. (NYSE: NCS) with an Outperform rating and $19.00 price target. In the report, Credit Suisse noted, "We anticipate significant EBITDA growth for NCS over the next two years based further...
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Credit Suisse Likes What It Sees In William Lyon Homes
Monday, February 23, 2015 - 10:45am | 143Read More...Credit Suisse on Monday issued a report on William Lyon Homes (NYSE: WLH), which it rates as Outperform. The firm raised its price target from $22.00 to $24.00. Analysts Michael Dahl, Patrick Murray and Anthony Trainor wrote, "expectations for significant volume growth and solid operating...
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Credit Suisse Reiterates Outperform, Raises Price Target On Mohawk Industries On Margin Gains And Acquisitions
Monday, February 23, 2015 - 10:42am | 159Read More...In a report published Monday, Credit Suisse analyst Michael Dahl reiterated an Outperform rating on Mohawk Industries, Inc. (NYSE: MHK), and raised the price target from $180.00 to $200.00. In the report, Credit Suisse noted, "We are tweaking our core estimates slightly lower, as incremental FX...
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Credit Suisse Reiterates Underperform Rating, Raises Price Target On Ryland Group As Margin Expectations Still Seem Optimistic
Friday, January 30, 2015 - 9:30am | 127Read More...In a report published Friday, Credit Suisse analyst Michael Dahl reiterated an Underperform rating on Ryland Group Inc (NYSE: RYL), and raised the price target from $34.00 to $35.00. In the report, Credit Suisse noted, “We are raising our EPS est. to $3.29 for '15 (from $2.94) and $3.31 for '16 (...
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Credit Suisse Analyst: Headwinds Blast Homebuilders' Outlook
Tuesday, January 20, 2015 - 6:13pm | 310Read More...Homebuilders' narrowing margins and mounting risk in the Texas housing market won't be soon offset by positive factors affecting their shares, an analyst said Tuesday. "We don't feel an urgency to own any builders at the moment," Credit Suisse's Michael Dahl said in a...




