UPDATE: J.P. Morgan Upgrades Beazer Homes USA to Overweight on Highly Attractive Valuation
May 03, 2013 at 09:14 AM EDT
In a report published Friday, J.P. Morgan analyst Michael Rehaut upgraded the rating on Beazer Homes USA (NYSE: BZH ) from Neutral to Overweight, and raised the price target from $21.00 to $25.50. In the report, Rehaut noted, “BZH currently trades at 0.8x adj. P/B (ex-adj. FAS 109) vs. the
