Pending Home Sales (Jun MoM) 0.2% vs 1.2% Expected

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UBS Remains Sidelined on Beazer Homes (BZH) Following 3Q - PT to $10

July 29, 2016 8:25 AM EDT

UBS reiterated a Neutral rating on Beazer Homes (NYSE: BZH), and raised the price target to $10.00 (from $8.00), following the company's 3Q earnings results. Reflecting F4Q guidance, UBS raised 2016 EPS estimates to $0.90 from $0.75. 2017 estimates go to $1.10 from $1.00.

Analyst Susan Maklari commented,... More