Taylor Morrison Home (TMHC) builds mid-to-upscale housing as well as first-time and mid-market homes. Credit Suisse upgraded the TMHC stock to outperform from neutral with an unchanged price target of $33. The analyst states that actions to increase margins, control orders, working with buys will enable Taylor Morrison home (TMHC) to maintain strong earnings despite the more difficult near-term housing environment.
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