D.R. Horton (DHI -2.3%) dips after Keefe, Bruyette & Woods cut the home-building company to...

|About: D. R. Horton Inc. (DHI)|By:, SA News Editor

D.R. Horton (DHI -2.3%) dips after Keefe, Bruyette & Woods cut the home-building company to Market Perform on valuation. The firm notes that despite its strong operating leverage relative to peers, the stock hit a nearly two-year high last week and already incorporates expectations for strong operating performance.