Equities Research Analysts’ new coverage for Wednesday, October 25th:

HSBC Holdings plc began coverage on shares of Apple (NASDAQ:AAPL). HSBC Holdings plc issued a buy rating and a $193.00 price target on the stock.

UBS AG began coverage on shares of CalAtlantic Group (NYSE:CAA). UBS AG issued a neutral rating on the stock.

UBS AG initiated coverage on shares of D.R. Horton (NYSE:DHI). The firm issued a buy rating on the stock.

Macquarie assumed coverage on shares of Golden Entertainment (NASDAQ:GDEN). They issued an outperform rating on the stock.

UBS AG started coverage on shares of KB Home (NYSE:KBH). They issued a sell rating on the stock.

UBS AG began coverage on shares of Lennar Corporation (NYSE:LEN). They issued a buy rating on the stock.

UBS AG initiated coverage on shares of M.D.C. Holdings (NYSE:MDC). The firm issued a sell rating on the stock.

UBS AG initiated coverage on shares of Meritage Corporation (NYSE:MTH). The firm issued a neutral rating on the stock.

Argus assumed coverage on shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH). They issued a buy rating on the stock.

UBS AG assumed coverage on shares of NVR (NYSE:NVR). UBS AG issued a neutral rating on the stock.

UBS AG assumed coverage on shares of PulteGroup (NYSE:PHM). The firm issued a buy rating on the stock.

UBS AG initiated coverage on shares of Toll Brothers (NYSE:TOL). They issued a buy rating on the stock.

Nomura assumed coverage on shares of Marriot Vacations Worldwide Corporation (NYSE:VAC). Nomura issued a buy rating and a $151.00 target price on the stock.

UBS AG started coverage on shares of Lyon William Homes (NYSE:WLH). They issued a neutral rating on the stock.

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