Meritage Homes (NYSE:MTH) reported quarterly sales of $1.41 billion which beat the analyst consensus estimate of $1.37 billion by 3.07 percent. This is a 10.49 percent increase over sales of $1.28 billion the same period last year.
Stifel Maintains Hold on Snap, Lowers Price Target to $9
Stifel analyst Mark Kelley maintains Snap (NYSE:SNAP) with a Hold and lowers the price target from $14 to $9.