Investment analysts at Zelman & Associates lowered the rating of Meritage Homes (NYSE:MTH) from ‘buy’ to ‘hold’ in a research note given to investors and clients on Tuesday, as per the reports of The Fly. 

Meritage Homes (NYSE:MTH)- Analysts’ Opinion

Several comments were bestowed upon the company by various brokerages. In a research note issued on Thursday, 8th October JP Morgan Chase & Co. changed the rating of Meritage Homes (NYSE:MTH) from ‘overweight’ to ‘neutral.’ The target price of the firm was also hiked from $114.00 to $137.00. In a research note issued on Tuesday, 22nd September, Bank of America raised the price target on Meritage Homes from $125.00 to $138.00 along with the issuance of a ‘buy’ rating. 

In a research report on Thursday, 16th July Meritage Homes (NYSE:MTH) was bumped up from ‘sell’ rating to a ‘neutral’ rating by Goldman Sachs Group. It also raised the price target on the company from $64.00 to $80.00. 

In a research report on Tuesday, 21st July, BTIG Research changed the rating of Meritage Homes (NYSE:MTH) from ‘neutral’ to ‘buy’. The price target was also set at $109.00 by BTIG research. In a research note issued on Monday, 21st September, Wells Fargo & Company upgraded the rating of Meritage Homes (NYSE:MTH) from ‘equal weight’ to ‘overweight along with setting a price target of $120.00.