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Fly News Breaks for January 14, 2019
TMHC
Jan 14, 2019 | 08:54 EDT
As previously reported, Wells Fargo analyst Stephen East downgraded Taylor Morrison to Market Perform from Outperform and lowered his price target on the shares to $21.50 from $24. The analyst cited a combination of a slower move-up market, its exposure to a much weaker western market, earnings declines in two of the first three quarters and integration uncertainties.
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