Fly News Breaks for March 4, 2015
TPH
Mar 4, 2015 | 07:30 EDT
Deutsche Bank says TRI Pointe's reduced 2015 guidance should have occurred when reporting last quarter's results, not the most recent quarter, as the company's Q1 is off to a strong start. Deutsche thinks the guidance reflects demand weakness from the second half of 2014 and not strong Q1 demand. It keeps a Buy rating on TRI Pointe with an $18 price target.
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