TPH - PulteGroup TRI Pointe rated initial Buys by Janney Montgomery
Janney Montgomery Scott analyst Tyler Batory starts coverage of a bunch of homebuilders with Buy recommendations for PulteGroup (PHM) and TRI Pointe Group (TPH).Sets PHM price target at $61 and TPH's at $26.Initiates D.R. Horton (DHI), Meritage Homes (MTH), and Taylor Morrison (TMHC) with a Neutral rating.Price targets: DHI price set at $76, MTH at $92, and TMHC at $30.See how the five homebuilders' stocks Quant factor grades compare below.SA contributor calls PHM attractively valued and sees the business booming once there's clarity on virus containment.
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PulteGroup, TRI Pointe rated initial Buys by Janney Montgomery