Wells Fargo Downgrades M.D.C. Holdings (MDC) to Underperform; Spending Levels Suppress Profitability

January 6, 2011 7:08 AM EST Send to a Friend
Wells Fargo downgraded M.D.C. Holdings (NYSE: MDC) from Market Perform to Underperform. Valuation range is $22-24.

Wells analyst says, "MDC’s ...

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