Toll Brothers (NYSE:TOL) was downgraded by Barclays (NYSE:BCS) from equal weight to underweight with a price target of $36 as the firm expects the market to shift towards an increased number of entry level homebuyers.
Shares are lower by about a tenths of a percent.
Sandridge (NYSE:SD) was downgraded by J.P. Morgan (NYSE:JPM) to underweight from overweight with a price target of $5 as the company may be faced with a financial crunch.
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