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Fly News Breaks for February 2, 2018
MTH
Feb 2, 2018 | 09:21 EDT
Barclays analyst Michael Dahl upgraded Meritage Homes to Equal Weight and raised his price target for the shares to $50 from $49. The shift toward entry-level and increased spec building is driving a greater acceleration in sales pace than expected, Dahl tells investors in a research note. He believes this overcomes the near-term lack of community count growth.
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