♔ The Trade Off
PulteGroup (PHM) Receives a Buy from Raymond James
Raymond James analyst reiterated a Buy rating on PulteGroup yesterday and set a price target of $145.00.
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In addition to Raymond James, PulteGroup also received a Buy from J.P. Morgan’s Michael Rehaut in a report issued yesterday. However, on the same day, Citi maintained a Hold rating on PulteGroup (NYSE: PHM).
Based on PulteGroup’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.61 billion and a net profit of $501.61 million. In comparison, last year the company earned a revenue of $4.92 billion and had a net profit of $913.24 million
Read More on PHM:
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- PulteGroup price target raised to $136 from $128 at Citi
- Neutral on PulteGroup: Solid Fundamentals but Limited Upside Amid Transition to Build-to-Order Model
- PulteGroup Earnings Call: Strong Year, Softer Outlook
- PulteGroup price target raised to $115 from $111 at RBC Capital
- PulteGroup price target raised to $149 from $140 at Oppenheimer
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