BofA/Merrill Lynch Upgrades M.D.C. Holdings (MDC) to Buy

August 2, 2018 6:12 AM EDT
Get Alerts MDC Hot Sheet
Price: $29.57 --0%

Rating Summary:
    5 Buy, 12 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 6 | New: 15
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BofA/Merrill Lynch upgraded M.D.C. Holdings (NYSE: MDC) from Underperform to Buy with a price target of $42.00 (from $36.00).

Analyst John Lovallo II likes the revenue, margin and EPS beat and says the housing fundamentals remains solid.

For an analyst ratings summary and ratings history on M.D.C. Holdings click here. For more ratings news on M.D.C. Holdings click here.

Shares of M.D.C. Holdings closed at $30.27 yesterday.

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