Sterne Agee Sees D.R. Horton as Undervalued at Current Levels

By: Benzinga
In a report published Friday, Sterne Agee analyst Jay McCanless reiterated a Buy rating on D.R. Horton (NYSE: DHI ). In the report, Sterne Agee noted, “We reiterate our Buy ratings on DHI, MDC, MTH, NVR, PHM, and RYL. Based on the positives of low competitive inventory, rising home prices,
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