Beazer Homes Inc. (BZH)

[Wildbilly]

Upgrade Alert for Beazer Homes (BZH))


May 03, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Beazer Homes
(NYSE:BZH) was upgraded from Underperform to Market Perform at JMP Securities
today. The stock closed yesterday at $18.52 on volume of 6.6 million shares,
above average daily volume of 1.2 million. In the past 52 weeks, shares of
Beazer Homes have traded between a low of $10.90 and a high of $20.15 and closed
yesterday at $18.52, which is 70% above that low price. Over the past week, the
200-day moving average (MA) has gone up 0.3% while the 50-day MA has remained
constant.

Beazer Homes (NYSE:BZH) is currently priced 9.3% above its average consensus
analyst price target of $16.80. The stock should find initial support at its
200-day moving average (MA) of $16.00 and further support at its 50-day MA of
$15.80.

Beazer Homes USA, Inc. designs, builds, and sells single family homes in the
Southeast, Southwest, and South Central regions of the United States. The
Company's homes are designed to appeal to entry-level and first move-up home
buyers.

SmarTrend is monitoring the recent change of momentum in Beazer Homes. Please
refer to our Company Overview for the results of our proprietary technical
indicators that have been scanning shares of Beazer Homes in search of a
potential trend change.

Write to Chip Brian at [e-mail]