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Fly News Breaks for November 7, 2018
LGIH
Nov 7, 2018 | 07:49 EDT
Wells Fargo lowered its price target for LGI Homes to $44 from $63 after the equity was "punished" likely due to disappointing October Closings as Absorptions fell 16.1% to 5.6 versus a 6.0 historical average. Wells Fargo has a Market Perform rating on the shares.
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