Credit Suisse downgrades some homebuilders today on a combination of heady valuations and...

|By:, SA News Editor

Credit Suisse downgrades some homebuilders today on a combination of heady valuations and concern over a potentially choppy, uneven recovery. The firm cuts Beazer (BZH -2%), Meritage (MTH -3%) and The Ryland Group (RYL -3%) all to Underperform (I, II, III).