Homebuilder D.R. Horton (DHI - Get Report) has been downgraded to a hold from a buy. The company's earnings fell to 35 cents per share in the first quarter of fiscal 2007 compared with 98 cents per share in the same quarter a year ago. Gross profit margins have also fallen over the past 12 months. D.R. Horton had been rated a buy since May 2006.Baby product manufacturer Crown Crafts (CRWS - Get Report) has been upgraded to a buy from a hold. The company makes everything from cribs and bibs to juvenile bedding. Crown Crafts' return on equity grew to 35.9% in the third quarter of fiscal 2006, compared with 12% in the third quarter of fiscal 2005. The company's stock price has risen sharply over the past year, and TheStreet.com Ratings expects this trend to continue. Crown Crafts had been rated a hold since March 2005.
TheStreet.com Ratings: Stock Upgades, Downgrades
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