UPDATE: Goldman Sacks Downgraded Meritage Homes Corp. from Buy to Neutral
February 06, 2014 at 12:03 PM EST
In a research note published Thursday, Goldman Sachs downgraded shares of Meritage Homes Corp. (NYSE: MTH ) was from Buy to Neutral. Analyst Eli Hacke lowered MTH's price target from $54 to $51 on lowered 2014 estimates. Meritage Homes lowered estimates are predicated on lower order growth, slower pricing ramp,