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Taylor Morrison (TMHC) was downgraded to a Hold Rating at Raymond James

Tipranks - Tipranks - Sat Jun 27, 5:24AM CDT

Taylor Morrison received a Hold rating and price target from Raymond James analyst Buck Horne today.

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Horne covers the Real Estate sector, focusing on stocks such as American Homes, Essex Property, and Invitation Homes. According to TipRanks, Horne has an average return of 6.5% and a 56.06% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Taylor Morrison with a $62.90 average price target.

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Based on Taylor Morrison’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.39 billion and a net profit of $100.43 million. In comparison, last year the company earned a revenue of $1.9 billion and had a net profit of $213.47 million

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