BofA analyst Rafe Jadrosich lowered the firm’s price target on Taylor Morrison (TMHC) to $68 from $72 and keeps a Neutral rating on the shares. The firm lowered homebuilder price objectives by 7% on average ahead of earnings and lowered its 2026 EPS estimates on homebuilders by 3% on average, primarily to reflect a more conservative order and gross margin outlook.
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Read More on TMHC:
- Taylor Morrison Home (TMHC) Q1 Earnings Cheat Sheet
- Taylor Morrison price target lowered to $80 from $85 at Truist
- Taylor Morrison price target lowered to $68 from $70 at Barclays
- Taylor Morrison downgraded to Sell from Buy at Seaport Research
- Taylor Morrison Announces Board Streamlining After Director Retirement