Zacks Investment Research downgraded shares of STANDARD PAC (SPF) from OUTPERFORM to NEUTRAL on August 02, 2012, with a target price of $7.10.
STANDARD PACIFIC CORP. operates primarily as a geographically diversified builder of medium-priced single-family homes with a majority of its operations in California. In addition, Company assists homebuyers in obtaining financing for home purchases through Standard Pacific Savings. Company is also engaged in the manufacture and marketing of moveable and acoustical office partitions and office furniture.
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