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Fly News Breaks for August 2, 2016
MTH
Aug 2, 2016 | 06:41 EDT
Deutsche Bank analyst Nishu Sood downgraded Meritage Homes to Hold saying the company will have trouble correcting its operational challenges amid the "hand-off in demand from the move-up segment to the entry-level." He lowered his price target for the shares to $38 from $41. JPMorgan this morning also downgraded shares of Meritage Homes.
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