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Fly News Breaks for August 13, 2019
WLH
Aug 13, 2019 | 07:28 EDT
As previously reported, Wedbush analyst Jay McCanless upgraded William Lyon Homes to Outperform from Neutral and raised his price target on the shares to $21 from $20. The analyst believes the recent pullback in shares has "effectively discounted" the reduction in his 2019 EPS estimates following the Q2 results. Overall, he views the shares as undervalued at current levels.
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