Wedbush Reiterates Underperform on Meritage Homes, Maintains $148 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has reiterated an Underperform rating on Meritage Homes (NYSE:MTH) and maintained a price target of $148.
July 25, 2024 | 1:45 pm
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Wedbush analyst Jay McCanless has reiterated an Underperform rating on Meritage Homes and maintained a price target of $148.
The reiteration of an Underperform rating by a reputable analyst can negatively impact investor sentiment and potentially lead to a short-term decline in the stock price. The maintained price target of $148 suggests limited upside potential.
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