FBN Securities cuts five homebuilders on valuation today, saying the sector's strong move since...
FBN Securities cuts five homebuilders on valuation today, saying the sector's strong move since August may have run its course. It cuts Ryland Group (RYL -0.8%) to Sector Perform, and Lennar (LEN -1.5%), Beazer Homes (BZH -2.6%), Hovnanian (HOV -5%) and Standard Pacific (SPF -0.9%) all to Underperform.
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