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Housing stocks get hit hard amid weak data and worries on Wall Street about rising interest rates

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Housing stocks fell broadly after analysts lowered their ratings and price targets on several companies in the sector.

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Bank of America downgrades homebuilder stocks as Wall Street grows increasingly bearish on housingBank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR as the investment bank lowered its homebuilding estimates for 2018 and 2019. Close the barn after the horses run off.... LiveSquawk Hey! What’s the difference between a sellside analyst and a reporter? That analyst should be fired Jeezzz... it’s almost time to buy again 🤦🏼‍♂️
Source: CNBC - 🏆 12. / 72 Read more »