UPDATE: Williams Financial Group Upgrades Meritage Homes Corporation to Buy; Month-to-Month Sales Momentum.
Williams Financial Group raises its rating on Meritage Homes Corporation (NYSE: MTH) from Hold to Buy and raises its price target from $28 to $35.
Williams Financial Group notes, "MTH noted January sales were up by single digits, February improved about 30% and March was up 69% over prior year followed by April growth of around 50%."
MTH closed at $29.30 on Wednesday.
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