Oppenheimer raised the firm’s price target on PulteGroup (PHM) to $149 from $140 and keeps an Outperform rating on the shares following quarterly results. The firm came away incrementally positive on the stock post earnings given supportive demand commentary and the possibility that FY26 gross margin guidance could end up conservative.
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Read More on PHM:
- PulteGroup reports Q4 EPS $2.56, consensus $2.83
- PulteGroup reports Q4 net new orders totaled 6,428 homes with value of $3.5B
- PHM Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- PulteGroup price target raised to $145 from $135 at BofA
- PulteGroup price target raised to $150 from $132 at Wells Fargo