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Fly News Breaks for March 7, 2019
MTH
Mar 7, 2019 | 06:43 EDT
JPMorgan analyst Michael Rehaut downgraded Meritage Homes to Underweight with an unchanged price target of $36. The analyst says Meritage's premium valuation to peers does not properly reflect his outlook for modestly below average order growth and above average gross margin contraction.
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