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Fly News Breaks for February 8, 2018
TMHC
Feb 8, 2018 | 07:23 EDT
As previously reported, JMP Securities analyst Peter Martin upgraded Taylor Morrison to Outperform from Market Perform as he believes the shares are undervalued after the company's Q4 results. Martin likes Taylor Morrison's geographic position in solid growth markets and would also not be surprised to see the company get a takeout bid, he tells investors. The analyst set a $31 price target on Taylor Morrison shares.
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