Berkshire Hathaway Acquires Taylor Morrison for $6.8 Billion

Berkshire Hathaway has entered into an all-cash agreement valued at $6.8 billion to acquire Taylor Morrison Home Corp. According to NS3.AI, Wolfe Research has set a bullish price target of $76 for Taylor Morrison, suggesting the stock could see a 30% increase. In premarket trading in New York on Monday, Taylor Morrison's shares surged by as much as 23%, reaching $71.75.