Oppenheimer lowered the firm’s price target on TRI Pointe (TPH) to $53 from $56 and keeps an Outperform rating on the shares following the Q3 earnings report. Tri Pointe is an attractive story given its market expansion strategy, focus on land in core locations, and unique product offering, and while the 2025 EPS growth outlook is less robust than 2024’s, Oppenheimer is still modeling mid-single digit growth, which could be conservative, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TPH:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue