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Enter Symbol:
 
Meritage Corporation (MTH) [hlAlert]

Rating:
Underperform
MTH
up 8.27 %

Meritage Corporation (MTH) downgraded to Underperform by BofA/Merrill

Posted on: Monday,  Mar 10, 2014  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Underperform Meritage Corporation (NYSE: MTH) on 03/10/2014, when the stock price was $45.03. Since
then, Meritage Corporation has lost 7.64% as of 01/20/2016's recent price of $41.59.
If you would have followed this BofA/Merrill's recommendation on MTH, you would have gained 8.27% of your investment in 681 days.

Meritage Homes Corporation is a designer and builder of single-family attached and detached homes based on the number of home closings, in the southern and western United States. The Company offers a variety of homes for a range of homebuyers, including first-time, move-up, luxury and active adult buyers. It has operations in three regions: West, Central and East, which are comprised of 12 metropolitan areas in six states. The Company?s homebuilding and marketing activities are conducted under the name of Meritage Homes, Legacy Homes, and Monterey Homes. As of December 31, 2008, it was selling homes in 178 communities.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/10/2014 8:25 AM Sell
None
45.03
as of 10/17/2014
1 Week down  -8.51 %
1 Month up  8.93 %
3 Months up  10.50 %
1 YTD up  18.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2014 8:25 AM Hold
None
46.12

(*) Stock Price at the time of the recommendation.
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