BofA analyst Rafe Jadrosich raised the firm’s price target on PulteGroup (PHM) to $146 from $140 and keeps a Buy rating on the shares. PulteGroup reiterated fiscal year guidance, but Q2 guidance was below the firm’s expectations, notes the analyst, who cites higher sector multiples for the firm’s increased price target
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Read More on PHM:
- PulteGroup price target raised to $140 from $132 at Wells Fargo
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