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Actionable news in DHI: D.R HORTON Inc,

D.R. Horton (DHI) Stock Slapped With Downgrade at Sterne Agee

NEW YORK (TheStreet) -- D.R. Horton (DHI - Get Report) stock rating was dropped to "neutral" from "buy" by analysts at Sterne Agee CRT this morning.

This reflects minor adjustments to analysts' SG&A and gross margin projections, the firm noted.

"At current levels, the shares are within 5% of our unchanged $33 price target, and with F3Q16 guidance that was in line to below our assumptions, we believe it is time to step aside," analysts said.

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