FORESTAR GROUP (FOR) Upgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research upgraded shares of FORESTAR GROUP (FOR) from NEUTRAL to OUTPERFORM on March 28, 2013, with a target price of $23.70.

Forestar Group, Inc. formerly known as Forestar Real Estate Group Inc. operates in two business segments: real estate and natural resources. The real estate segment owns directly or through ventures real estate. The natural resources segment manages acres of oil and gas mineral interests. In addition, the company also sells wood fiber from its land primarily located in Georgia, and leases land for recreational uses.

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