Wedbush upgraded shares of Beazer Homes USA, Inc. (NYSE: BZH), citing its belief that homebuilders will benefit from the loosening of credit standards at Federal National Mortgage Association (OTC: FNMA).
Analyst Jay McCaniess also believes...
WASHINGTON (dpa-AFX) - Beazer Homes USA Inc. (BZH) announced that its sales
absorptions for the first two months of its fiscal second quarter were up 11%
year over year, resulting in 1,001 orders compared to 1,003 in the prior year
Homebuilding stocks have been on a strong run up in the past month, with the major names in the space recording double-digit gains.
Beazer Homes USA, Inc. (NYSE: BZH) are up 45 percent since November 10 and Hovnanian Enterprises, Inc. (NYSE:...
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