JP Morgan Downgrades KB Home To Neutral

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Analysts at JP Morgan downgraded
KB HomeKBH
from Overweight to Neutral. The price target for KB Home has been lowered from $19.50 to $15. KB Home shares have dropped 22.56% over the past 52 weeks, while the S&P 500 index has gained 9.45% in the same period. KB Home's shares fell 1.23% to $13.70 in pre-market trading.
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Posted In: DowngradesAnalyst RatingsJP Morgan
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