JP Morgan Maintains Underweight on M.D.C. Holdings, Lowers Price Target to $39.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut maintains an Underweight rating on M.D.C. Holdings (NYSE:MDC) and lowers the price target from $41.5 to $39.5.
November 02, 2023 | 9:48 pm
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JP Morgan has maintained an Underweight rating on M.D.C. Holdings and lowered the price target from $41.5 to $39.5.
The lowered price target by JP Morgan indicates a bearish outlook for M.D.C. Holdings. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100