Seeking Alpha

D.R. Horton downgraded at RayJay

  • Cutting D.R. Horton (DHI) to Underperform, the team cites exposure to first time homebuyers (struggling with high prices and access to mortgage financing). Also knocked is the placement of DHI's communities. The analysts say they get low rankings vs. peers in terms of average school ratings.
  • See also: Standard Pacific boosted at Raymond James
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