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Fly News Breaks for June 15, 2017
FNMA, BZH
Jun 15, 2017 | 08:22 EDT
As noted earlier, Wedbush upgraded Beazer Homes (BZH) to Outperform from Neutral. Analyst Jay McCanless upgraded the stock based on what he sees as "the loosening of credit standards at Fannie Mae (FNMA)." The analyst says that Beazer focuses on "entry level consumers who..benefit most from lower lending standards." Target remains $15.
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