Wedbush Reaffirms Outperform Rating for TRI Pointe Group (TPH)

Wedbush reissued their outperform rating on shares of TRI Pointe Group (NYSE:TPH) in a research note released on Monday, April 8th, Stock Target Advisor reports. The firm currently has a $11.00 price target on the construction company’s stock. A number of other equities analysts also recently issued reports on TPH.

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TheStreet raised TRI Pointe Group from a "c" rating to a "b-" rating in a research note on Monday, July 10th. They set a "buy" rating and a $14.00 price target for the company. Of the 13 analysts surveyed by Reuters that track TPH 4 of them rate its stock a hold.

Wall Street ratings agencies set the tone for today’s stock market. Luminex (LMNX): The medical instrument maker is a new Neutral with Wedbush. ON Semiconductor (ONNN): Bank of America-Merrill.

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Shares of TRI Pointe Group Inc (NYSE:TPH) fell 7.6% during mid-day trading on Thursday . The stock traded as low as $13.09 and last traded at $13.19. 2,046,159 shares were traded during trading, an increase of 35% from the average session volume of 1,520,451 shares. The stock had previously closed at $14.28.

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ValuEngine upgraded shares of TRI Pointe Group (NYSE:TPH) from a sell rating to a hold rating in a research report sent to investors on Tuesday, ValuEngine reports.. TPH has been the topic of several other research reports. jmp securities lifted their target price on TRI Pointe Group from $14.00 to $15.00 and gave the company a market outperform rating in a research note on Wednesday, February.

(NYSE:TPH) rating on Tuesday, September 20.Point72 Asset Mngmt Lp reported 0.07% in TRI Pointe Group, Inc.The company has a consensus rating of "Buy" and an average target price of $18.22. Ratings analysis reveals 50% of TRI Pointe Homes’s analysts are positive.

On Tuesday, September 20 the stock rating was initiated by Wedbush with "Outperform". State Street Corp grew its stake in shares of TRI Pointe Group by 5.6% during the 1st quarter. Guggenheim has "Neutral" rating and $88 target. TheStreet upgraded TRI Pointe Group from a "c" rating to a "b-" rating in a report on Monday, July 10th. Its down 0.

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