Deutsche Bank Initiates Tri Pointe Homes At Buy

Analysts at Deutsche Bank initiated coverage on shares of Tri Pointe Homes

with a Buy rating. The target price for Tri Pointe Homes is set to $18. Tri Pointe Homes shares have dropped 19.52% over the past 52 weeks, while the S&P 500 index has surged 13.65% in the same period. Tri Pointe Homes's shares closed at $13.44 yesterday.