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.
Latest Ratings for MTH
|Apr 2015||FBN Securities||Downgrades||Outperform||Sector Perform|
|Apr 2015||JP Morgan||Downgrades||Neutral||Underweight|
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.