Zacks Investment Research downgraded shares of FORESTAR GROUP (FOR) from OUTPERFORM to NEUTRAL on May 02, 2013, with a target price of $24.90.
Forestar Group, Inc. formerly known as Forestar Real Estate Group Inc. operates in two business segments: real estate and natural resources. The real estate segment owns directly or through ventures real estate. The natural resources segment manages acres of oil and gas mineral interests. In addition, the company also sells wood fiber from its land primarily located in Georgia, and leases land for recreational uses.
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