Zacks Investment Research upgraded shares of NVR INC (NVR) from NEUTRAL to OUTPERFORM on October 04, 2012, with a target price of $873.50.
NVR Inc. is a holding company that operates in two business segments the construction and marketing of homes and in financial services. NVR's homebuilding operations construct and sell single-family detached homes, townhomes and condominium buildings in two distinct product lines through the two divisions known as Ryan Homes and NVHomes. NVR's also provides financial services including a mortgage banking operation. NVR's mortgage banking business generates revenues primarily from origination fees, servicing fees,gains on marketing of loans, title fees, and sales of servicing rights.
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