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Fly News Breaks for September 21, 2015
DHI, TMHC
Sep 21, 2015 | 07:18 EDT
Deutsche Bank analyst Nishu Sood upgraded Taylor Morrison (MTHC) to Buy saying the company's value is not being recognized given its small market capitalization and acquisitions. Taylor's expected two-year book value accretion of 23% is also above the group average of 21%, Sood tells investors. He keeps a $26 price target for shares. The analyst coupled the upgrade with a downgrade of D.R. Horton (DHI) to Hold.
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