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Fly News Breaks for January 29, 2020
Jan 29, 2020 | 08:28 EDT
Wells Fargo analyst Truman Patterson raised his price target for NVR to $4,300 from $4,000 to reflect the improvement in the housing industry. Following a strong Q3 release, NVR reported mixed Q4 earnings as Income Statement items were good, yet Order Growth disappointed, he notes. Patterson has an Equal Weight rating on the shares.