D.R. Horton, Smith Douglas Homes cut at BofA on tough homebuilding outlook (DHI:NYSE)

Bank of America Securities downgraded homebuilders D.R. Horton (NYSE:DHI) to Neutral from Buy and Smith Douglas Homes (NYSE:SDHC) to Underperform from Neutral, as analyst Rafe Jadrosich expects this year to feature higher cost inflation and a more competitive