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Fly News Breaks for July 11, 2016
MTH
Jul 11, 2016 | 08:21 EDT
Credit Suisse analyst Michael Dahl downgraded Meritage Homes to Underperform and maintained its price target of $42. The analyst believes 2016 guidance will prove challenging given softer end of spring demand, particularly in Texas and Florida, and substantial 2H operating leverage embedded in management forecasts.
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