Gabelli Initiates Tri Pointe Homes With Buy

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Analysts at Gabelli initiated coverage on
Tri Pointe Homes IncTPH
with a Buy rating. The target price for Tri Pointe Homes is set to $19. Tri Pointe Homes shares have gained 0.76 percent over the past 52 weeks, while the S&P 500 index has surged 7.17 percent in the same period. Tri Pointe Homes' shares fell 1.34 percent to close at $15.84 on Friday.
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Posted In: InitiationAnalyst RatingsGabelli
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