Credit Suisse Maintains Outperform Rating for Taylor Morrison Home: Here's What You Need To Know

Credit Suisse has decided to maintain its Outperform rating of Taylor Morrison Home TMHC and raise its price target from $47.00 to $56.00.

Shares of Taylor Morrison Home are trading up 0.96% over the last 24 hours, at $48.18 per share.

A move to $56.00 would account for a 16.23% increase from the current share price.

About Taylor Morrison Home

Taylor Morrison Home is an American residential construction company that builds single-family homes and communities throughout California, Arizona, Texas, Illinois, Colorado, Florida, Georgia, and North Carolina. Taylor Morrison also reports via a mortgage operations segment that provides financing services for its homebuyers. It constructs various types of single-family homes, from entry-level to luxury move-up homes, as well as active adult communities. The majority of the company's revenue is derived from its construction projects, with the West and central operating regions leading the way.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.