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Fly News Breaks for June 22, 2017
DHI
Jun 22, 2017 | 19:58 EDT
Credit Suisse analyst Susan Maklari initiated D.R. Horton with an Outperform and a $38 price target saying it is among the best positioned builders under coverage. Maklari said D.R. Horton is well positioned to drive volume growth and control overhead costs, even as they expand. Its core competencies will drive accelerated earnings and and further share gains in entry level housing, combined with cost improvements and reduced SG&A will drive upside potential.
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