SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (51101)1/24/2006 6:30:43 AM
From: shades  Respond to of 110194
 
J JP Morgan Alters Home Builder Ratings >LEN SPF TOL

NEW YORK (Dow Jones)--J.P. Morgan upgraded home builders Lennar Corp. (LEN) and Standard Pacific Corp. (SPF) to neutral from underweight and downgraded peer Toll Brothers Inc. (TOL) to underweight from overweight. J.P. Morgan said it believes 2006 earnings guidance from both Lennar and Standard Pacific is conservative. The broker said, however, it believes order growth will turn negative at Toll Brothers, likely leading to below average earnings in 2006.


(END) Dow Jones Newswires

January 24, 2006 06:04 ET (11:04 GMT)