Taylor Morrison Home (TMHC) Misses Q1 EPS by 1c
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FBR Capital Raises Price Target on Taylor Morrison Home (TMHC) as Guidance Implies Improvement
May 5, 2016 7:23 AM EDTFBR Capital reiterated an Outperform rating on Taylor Morrison Home (NYSE: TMHC), and raised the price target to $16.00 (from $15.00), following the company's 1Q earnings report. TMHC reported earnings per share of $0.21, which fell just shy of consensus estimates of $0.23. However, closings and gross margins both... More
