JMP Securities Upgrades M/I Homes (MHO) to Market Outperform

JMP Securities upgraded M/I Homes (NYSE: MHO) from Market Perform to Market Outperform with a price target of $32.00.

Analyst Peter Martin believes the company is well positioned to strengthen and simplify is capital structure.

FY 2017 EPS estimate rises from $2.93 to $2.95 and FY 2018 EPS estimate rises from $3.11 to $3.20.

For an analyst ratings summary and ratings history on M/I Homes click here. For more ratings news on M/I Homes click here.

Shares of M/I Homes closed at $25.95 yesterday.

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