UPDATE: Williams Capital Upgrades KB Home to Hold, Doubles Target to $22
March 25, 2013 at 14:11 PM EDT
Williams Capital's David Williams upgraded shares of KB Home (NYSE: KBH ) from Sell to Hold and raised his price target from $11 to $22 earlier. The analyst believes "strategic rebalancing over the last several years has finally begun to flow through, well ahead of where we had anticipated."