Taylor Morrison price target raised to $76 from $71 at JPMorgan

JPMorgan analyst Michael Rehaut raised the firm’s price target on Taylor Morrison (TMHC) to $76 from $71 and keeps an Overweight rating on the shares. The firm maintains a cautious stance on the homebuilders sector for 2026. JPMorgan expects an unfavorable demand/supply backdrop to bring additional pressure and downside risk for builder fundamentals. Builder fundamentals are likely to remain “relatively weak” in 2026, with persisting downside risk to estimates due to a still challenged demand/supply industry backdrop, the analyst tells investors in a research note.