BofA analyst Rafe Jadrosich lowered the firm’s price target on Meritage Homes (MTH) to $72 from $74 and keeps a Neutral rating on the shares. The firm lowered homebuilder price objectives by 7% on average ahead of earnings and lowered its 2026 EPS estimates on homebuilders by 3% on average, primarily to reflect a more conservative order and gross margin outlook.
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