From Consumer Eagle, a report on shares of CAA:
Bank of America upgraded the shares of CalAtlantic Gr (CAA) from a Underperform rating to Buy rating in a an analyst report sent to investors and clients on Friday morning.
Out of 5 analysts covering CalAtlantic Gr… (CAA), 4 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 80% are positive. $39 is the highest target while $39 is the lowest. The $39 average target is 9.03% above today’s ($35.77) stock price. CalAtlantic Gr… has been the topic of 5 analyst reports since March 16, 2016 according to StockzIntelligence Inc. RBC Capital Markets initiated the stock on July 19 with “Outperform” rating. Raymond James upgraded the shares of CAA in a report on May 13 to “Outperform” rating. Lastly, Bank of America initiated the stock with “Underperform” rating in a March 16 report.