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Fly News Breaks for January 11, 2019
HOV
Jan 11, 2019 | 08:15 EDT
As previously reported, Buckingham analyst Megan McGrath initiated Hovnanian with a Neutral rating and 90c price target, stating that she has no immediate liquidity concerns given that Hovnanian has no large near-term debt maturities, but she believes it will be difficult for the company to achieve revenue growth or positive earnings before 2020.
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