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home / news releases / HOV - Homebuilder Hovnanian Enterprises: Getting To Normal Still A Buy

HOV - Homebuilder Hovnanian Enterprises: Getting To Normal Still A Buy

Hovnanian Enterprises Inc. Class A
  • The stock shot up 55% since my October 17 recommendation.  What now?
  • I expect a stable housing market going forward.  In that environment Hovnanian should be able to maintain EPS of $30 a share.
  • Hovnanian's earnings for the next few years will go to paying down debt.
  • My price target is $200, up about 50% from the current price.

For further details see:

Homebuilder Hovnanian Enterprises: Getting To Normal, Still A Buy
Stock Information
Company Name: Hovnanian Enterprises Inc. Class A
Stock Symbol: HOV
Market: NYSE
Website: khov.com
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