RBC Capital Maintains Sector Perform Rating for Taylor Morrison Home: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
RBC Capital has maintained its Sector Perform rating for Taylor Morrison Home (NYSE:TMHC) and increased its price target from $42.00 to $49.00. Taylor Morrison Home's shares are trading up 0.96% over the last 24 hours, at $48.18 per share. A move to $49.00 would account for a 1.7% increase from the current share price.
July 27, 2023 | 5:00 pm
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RBC Capital has maintained its Sector Perform rating for Taylor Morrison Home and raised its price target. This could potentially lead to a positive impact on TMHC's stock price.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, RBC Capital has maintained a positive rating for TMHC and increased its price target, which is likely to boost investor confidence and potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100