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Fly News Breaks for January 20, 2016
MDC
Jan 20, 2016 | 05:39 EDT
Barclays analyst Stephen Kim downgraded M.D.C. Holdings to Equal Weight saying 2016 will be a stock picker's year for the U.S. Building Products & Homebuilding space. The analyst prefers stocks with exposure to resales/remodeling with margin expansion opportunity. He cut his price target for M.D.C. shares to $24 from $35.
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