News Recap: KB Home, Heckmann Corporation, Ford Motor Company

Lakeway, TX -- (SBWIRE) -- 02/28/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

KB Home (NYSE:KBH) shares jumped 3.43% and closed at $19 after KBH had its target price raised by JPMorgan Chase to $21.50 in a report issued on Feb. 26. Additionally, analysts at Deutsche Bank raised their price target on shares of KB Home from $16.00 to $19.50 in a research note to investors on Feb. 11. They now have a hold rating on the stock.

Additionally, the company recently announced that James Harrison has been named president of its Houston division. In this role, Harrison is responsible for all of the Company's homebuilding operations throughout Houston, from land acquisition and construction to sales and customer service.

How Should Investors Trade KBH After The Recent Movement? Find Out Here

Heckmann Corporation (NYSE:HEK) shares gained 3.41% to $3.64. Jefferies downgraded HEK on Feb. 21 from Buy to Hold with a price target of $4.50 (from $5.50).

Additionally, the company announced that it will report financial results for its 2012 fourth quarter and full year ended December 31, 2012, after the market closes on Monday, March 11, 2013. Management will conduct a conference call at 4:30 p.m. ET (1:30 p.m. PT) that day to provide commentary on Heckmann's 2012 operational performance and discuss.

Is HEK Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Ford Motor Company (NYSE:F) shares climbed 3.40% and closed at $12.76. The company, this week, expanded its commitment to help encourage the growing community of automotive app developers by announcing it will contribute the software for AppLink™, the Ford-developed in-car smartphone app interface, to the GENIVI Alliance. Ford becomes the first American automaker to contribute proprietary source code from one of its products to an open-source project.

Additionally, Ford’s stock this week has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its revenue growth and notable return on equity.

Is F a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

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