Bank of America Downgrades Standard Pacific To Neutral

27% profit every 20 days?

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Analysts at Bank of America downgraded Standard Pacific (NYSE: SPF) from Buy to Neutral. The price target for Standard Pacific has been lowered from $9 to $8.50. Standard Pacific shares have dropped 3.93% over the past 52 weeks, while the S&P 500 index has gained 14.48% in the same period. Standard Pacific's shares fell 0.52% to close at $7.58 on Friday.

27% profit every 20 days?

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