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Deutsche Bank Turns Cautious On Homebuilders, But Upgrades Lennar, Meritage
Monday, October 22, 2018 - 12:19pm | 634Read More...Homebuilding stocks as a group are down more than 30 percent since the start of 2018 due to multiple concerns, and the Street's 2019 outlook appears to be overly optimistic, according to Deutsche Bank. The Analyst Analyst Nishu Sood made the following rating changes: Lennar Corporation (NYSE:...
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Jeld-Wen Is Under New Management; Can It Meet Its Full Potential?
Tuesday, February 21, 2017 - 4:08pm | 364Read More...Deutsche Bank started coverage of Jeld-Wen Holding Inc (NYSE: JELD), the largest door manufacturer in the United States, with a Buy rating and $36 price target, primarily on margin expansion opportunity and recovery in many global construction markets, including United States. Looking Ahead “...
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PulteGroup Investors Getting Growth Without The Growing Pains
Thursday, September 15, 2016 - 4:51pm | 366Read More...Deutsche Bank expressed the confidence that PulteGroup, Inc. (NYSE: PHM) new management under Ryan Marshall would not change the strategy from the one pursued by former CEO Richard Dugas in respect of value creation. Therefore, analysts Nishu Sood and Rob Hansen see no reason to change the recent...
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M.D.C. Holdings Gets A Downgrade From Deutsche Bank
Monday, August 8, 2016 - 12:17pm | 348Read More...Deutsche Bank’s Nishu Sood believes the most recent strategy shift by M.D.C. Holdings, Inc. (NYSE: MDC) “to increase the emphasis on volumes relative to margins has been successful to the extent that the company's earnings outlook has stabilized.” Sood downgraded the rating on...
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SiteOne Shares Initiated At Buy By Deutsche Bank
Monday, June 6, 2016 - 11:59am | 310Read More...Deutsche Bank analysts Nishu Sood and Rob Hansen have initiated SiteOne Landscape Supply Inc (NYSE: SITE) shares with a Buy rating, while maintaining a price target of $33.00 (15 percent upside potential). The brokerage believes it has a growth path that could stretch for several years for SiteOne...
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Deutsche Bank Believes The Housing Recovery 'Is Still On'
Wednesday, May 25, 2016 - 11:51am | 252Read More...Toll Brothers Inc (NYSE: TOL) reported its F2Q16 EPS ahead of expectations. Deutsche Bank’s Nishu Sood maintained a Buy rating for the company, with a price target of $41. The analyst said that the results should alleviate concerns of a slowdown at the high-end of the market and help build...
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Deutsche Bank Upgrades Ply Gem On 'Window Of Opportunity'
Monday, July 20, 2015 - 10:34am | 234Read More...In a report published Monday, Deutsche Bank analyst Nishu Sood upgraded the rating on Ply Gem Holdings Inc (NYSE: PGEM) from Hold to Buy, while raising the price target from $12 to $16. With low expectations from the company and operational issues being mostly in the past, the stock offers a...
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Deutsche Bank Boosts Q1 Orders Prediction For Lennar, KB Home
Wednesday, March 18, 2015 - 3:26pm | 207Read More...Orders for new homes increased sharply in the first quarter at two major residential builders, an analyst said Wednesday. Deutsche Bank's Nishu Sood boosted his estimates to reflect "positive momentum in the first quarter as well as some possible deceleration due to weather."...
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Deutsche Bank: Margin Collapse At KB Home Is 'Company Specific'
Wednesday, January 14, 2015 - 4:41pm | 250Read More...KB Home (NYSE: KBH) shrinking margin stems from factors specific to the company that won't affect competitors in the home construction sector, an analyst said Wednesday. Deutsche Bank's Nishu Sood cut his price target on KB Home 14 percent to $18 a share, after the company said its...
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Deutsche Bank: Oil Price Impact On Housing 'Likely Overstated'
Thursday, December 18, 2014 - 10:37am | 299Read More...In a note to clients on Wednesday, Nishu Sood of Deutsche Bank stated that homebuilder investors shouldn't overly concern themselves about declining oil prices. Sood surveyed building and building products companies at a recent conference asking what lower oil prices means for their...
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Deutsche Bank Updates Order Estimates For KB Home
Wednesday, September 24, 2014 - 8:08am | 121Read More...In a report published Wednesday, Deutsche Bank analyst Nishu Sood reiterated a Hold rating and $21.00 price target on KB Home (NYSE: KBH). In the report, Deutsche Bank noted, “We recently completed our quarterly survey of communities for KB Home and are updating our order forecasts to account for...
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UPDATE: Deutsche Bank Reiterates On Armstrong World Industries On Mixed Factors
Friday, August 1, 2014 - 7:49am | 146Read More...In a report published Friday, Deutsche Bank analyst Nishu Sood reiterated a Buy rating on Armstrong World Industries (NYSE: AWI), but lowered the price target from $64.00 to $59.00. In the report, Deutsche Bank noted, “Entering 2014, we expected commercial construction recovery to gain momentum...
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Deutsche Bank Reiterates On Masco, Notes Little Progress In Break-Up Value
Tuesday, June 3, 2014 - 1:27pm | 159Read More...Deutsche Bank Tuesday reiterated its Hold rating on Masco (NYSE: MAS) and maintained its $22 price target. Deutsche Bank analyst Nishu Sood said the reasoning for the Hold rating was, "Our sum-of-the-parts analysis finds that there is value lost, with roughly $27/share of break-up value....
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UPDATE: Deutsche Bank Initiates Coverage on Installed Building Products
Monday, March 10, 2014 - 3:47pm | 228Read More...In a report published Monday, Deutsche Bank analyst Nishu Sood initiated coverage on Installed Building Products (NYSE: IBP) with a Buy rating and an $18.00 price target. Sood noted that Installed Building Products is the second largest insulation contractor in the U.S. and should benefit from the...
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UPDATE: Deutsche Bank Initiates Coverage on Norcraft Companies as Valuation Reflects Growth Potential
Monday, December 2, 2013 - 11:05am | 139Read More...In a report published Monday, Deutsche Bank analyst Nishu Sood initiates coverage on Norcraft Companies (NYSE: NCFT) with a Hold rating and $18.50 price target. In the report, Deutsche Bank noted, “The dealer channel for cabinetry is fragmented and difficult to penetrate for cabinet manufacturers...
