Taylor Morrison price target lowered to $69 from $70 at Barclays

Barclays analyst Matthew Bouley lowered the firm’s price target on Taylor Morrison (TMHC) to $69 from $70 and keeps an Overweight rating on the shares following the earnings report. The company’s balanced buyer group exposure “offers relief from a challenged entry-level,” the analyst tells investors in a research note. The firm says Taylor Morrison’s relative valuation “remains meaningfully disconnected” from its return profile of 16% in fiscal 2025.