Barclays Reaffirms Their Hold Rating on PulteGroup (PHM)
In a report released today, Matthew Bouley from Barclays maintained a Hold rating on PulteGroup, with a price target of $115.00.
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According to TipRanks, Bouley is a 5-star analyst with an average return of 15.2% and a 63.27% success rate. Bouley covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Builders Firstsource, and Advanced Drainage Systems.
In addition to Barclays, PulteGroup also received a Hold from TipRanks – Anthropic’s Anthropic Residential Construction in a report issued today. However, on the same day, TipRanks – OpenAI reiterated a Buy 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 $149 from $140 at Oppenheimer
- 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
