D.R. Horton Shares Fall After Downgrade From J.P. Morgan

MT Newswires Live12-14

D.R. Horton (DHI) shares were down 2% in recent trading on Friday after J.P. Morgan downgraded its rating to underweight from neutral.

The brokerage reduced the price target on D.R. Horton's stock to $156 from $188.

Trading volume stood at about 2.2 million shares against a daily average of 2.5 million.

Price: 148.02, Change: -3.20, Percent Change: -2.11

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