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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy the housing market will remain muted this year given the effect of higher mortgage ratesUBS homebuilders analyst John Lovallo and Brown Harris Stevens CEO Bess Freedman discuss the major issues impacting the housing market and housing stocks: The Fed, mortgage rates and available inventory.
Persons: John Lovallo, Brown Harris Stevens, Bess Freedman Organizations: UBS
Here's why UBS is bullish on homebuilder stocks
  + stars: | 2024-06-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why UBS is bullish on homebuilder stocksJohn Lovallo, UBS equity analyst, joins 'Money Movers' to discuss the lock-in effects high rates are having on homebuilders, his favorite homebuilder name, and much more.
Persons: John Lovallo Organizations: UBS
The firm upgraded the ingredients maker to buy from neutral but lowered its price target to $48 per share from $50. "Though these items might not help earnings until 2025, we believe visibility surrounding them could improve in coming months and send the share price higher," he added. Lovallo has a $198 price target for Lennar, reflecting 30.1% in upside. Analyst Raimo Lenschow upgraded the marketing automation stock to overweight from equal weight and upped his price target by $4 to $29. Singlehurst raised her price target to $58 from $54.20, but the new forecast implies nearly 2% downside from Tuesday's close.
Persons: Goldman Sachs, Thomas Palmer, — Brian Evans, Edward Jones, Logan Purk, — Jesse Pound, John Lovallo, Lovallo, — Alex Harring, Oppenheimer, Colin Rusch, Rusch, Alex Bradley, Alex Harring, Raimo Lenschow, Lenschow, Wells, Steven Cahall, Wedbush, Michael Pachter, Pachter, Keith Gill, Piper Sandler, Valvoline Piper Sandler, Peter Keith, Keith, VVV's algo, hasn't, Will Gaertner, Gaertner, Morgan Stanley, Mark Murphy, Keith Weiss, Brent Bracelin, Louise Singlehurst, Singlehurst, Fred Imbert Organizations: CNBC, Analysts, Citi, Diamond Green Diesel, AMD, Devices, Nvidia, UBS, Lennar, KB, Barclays, Wells Fargo, Paramount, GameStop, Products, LSEG, Google, AI, JPMorgan, Oracle Locations: California, Tuesday's, VVV, reaccelerate, ORCL
The outlook for homebuilders
  + stars: | 2024-04-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe outlook for homebuildersJohn Lovallo, analyst at UBS, joins ‘The Exchange’ to discuss D.R. Horton as the home builder exceeded expectations in its fiscal second quarter, how higher rates are impacting home sales, and more.
Persons: John Lovallo, Horton Organizations: UBS
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPublic homebuilders will continue to gain market share, according to UBS analyst John LovalloUBS analyst John Lovallo joins 'The Exchange' to discuss his outlook for homebuilders, the advantages public builders have in the space, and more.
Persons: John, John Lovallo Organizations: UBS
Watch CNBC’s full interview with UBS' John Lovallo
  + stars: | 2023-06-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with UBS' John LovalloUBS Homebuilders & Building Products Analyst John Lovallo joins 'Power Lunch' to discuss UBS raising its price target on KB Home to $65 from $48 and the state of home builders.
Persons: John Lovallo Organizations: UBS, John Lovallo UBS Homebuilders, Building
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's a great time to be a public homebuilder, says UBS' John LovalloUBS Homebuilders & Building Products Analyst John Lovallo joins 'Power Lunch' to discuss UBS raising its price target on KB Home to $65 from $48 and the state of home builders.
Persons: John Lovallo Organizations: UBS, John Lovallo UBS Homebuilders, Building
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS on why the homebuilding ETF has been outperforming the marketJohn Lovallo of UBS discusses what's driving the rally in homebuilding stocks.
Persons: John Lovallo, what's Organizations: UBS Locations: homebuilding
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUBS: Positive on the entire housing sector, but most bullish on the homebuildersJohn Lovallo, homebuilding & building products analyst at UBS, is positive on homebuilders, primarily those focused on the hottest segment of the market, first-time homebuyers, because that's a need-based buyer.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBuilders will scramble to catch up to demand for years, says Santander's Stephen StanleyUBS’s John Lovallo and Santander’s Stephen Stanley join 'The Exchange' to discuss the state of housing as more affluent Americans rent.
We are underbuilt as a nation and need homes, says UBS analyst
  + stars: | 2023-01-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe are underbuilt as a nation and need homes, says UBS analystUBS Analyst John Lovallo joins 'Power Lunch' to discuss the 'housing recession' and a new survey that shows consumer confidence is beginning to rebound in the market.
Many people who put thousands down on new homes canceled their contracts and lost money, per NPR. They told NPR they didn't have a choice because the payments had grown since rates rose. That's because home builders are feeling the heat too — Paul Schwinghammer, president of the Indiana Builders Association, told NPR that many home builders can't afford to give back the cash. "The sales guy, he always tells us we're going to lose the deposit if we don't buy the house," Paulo Echeverry, one such person, told NPR. Today, with the average 30-year mortgage rate at 6.33%, according to Freddie Mac, the same home would be $1,475 per month, according to Insider's mortgage calculator, a 45% increase in monthly payments.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst-time-buyer-focused homebuilders are best positioned when mortgage rates fall, says UBS's LovalloJohn Lovallo, UBS senior research analyst, joins 'Power Lunch' to discuss if mortgage rates could fall below five percent at this time next year, which homebuilders would benefit most and what price would entice first-time homebuyers.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email44% of UBS survey respondents plan to buy residential property in next 12 monthsJohn Lovallo, UBS senior research analyst, joins 'Power Lunch' to discuss a recent housing survey from UBS, who the company surveyed and how investors should view the homebuilder sector.
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