Citigroup Maintains Buy on PulteGroup, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari has maintained a 'Buy' rating on PulteGroup (NYSE:PHM) and raised the price target from $75 to $90.

July 05, 2023 | 2:45 pm
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NEUTRAL IMPACT
Citigroup's analysis and rating of PulteGroup could influence investor sentiment towards Citigroup's own stock.
While Citigroup's main business is not stock analysis, their ratings can influence investor sentiment. If their predictions prove accurate, it could enhance their reputation and potentially have a positive impact on their own stock. However, the direct impact of this specific rating on Citigroup's stock is likely to be minimal.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Citigroup's raised price target for PulteGroup indicates a positive outlook for the company's stock.
The raised price target by Citigroup suggests that the analyst sees potential for the stock's price to increase. This could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100