FBN Securities cuts five homebuilders on valuation today, saying the sector's strong move since...

|By:, SA News Editor

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.