JMP Securities Cuts TRI Pointe Group, Inc. (NYSE:TPH) Target Price To $ 16.00

JMP Securities maintains TRI Pointe Group, Inc. (NYSE:TPH) at Market Outperform rating, while revising the price target. The research firm cuts target price to $ 16.00 down from previous mark of $ 20.00.

According to the previous trading day, closing price of TPH was $ 11.80, representing a 0.34 % increase from the 52 week low of $ 11.76 and a 39.64 % decrease over the 52 week high of $ 19.55.

TRI Pointe Group, Inc. has a market capital of $ 1.79 billion and is part of the Industrial Goods sector and Residential Construction industry.

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