StockNews.com downgraded Forestar Group (NYSE:FOR) from a buy to a hold rating on Saturday.
StockNews.com downgraded Forestar Group (NYSE:FOR) from a buy rating to a hold rating on Saturday, with the company's stock opening at $36.94 on Friday. Forestar Group, an oil and gas exploration company, reported earnings of $0.76 EPS for the quarter on January 23, surpassing the consensus estimate of $0.56. The company had a revenue of $305.90 million, with a net margin of 12.08% and a return on equity of 13.85%.
April 16, 2024
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