Citigroup Maintains Buy on PulteGroup, Raises Price Target to $97
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Buy rating on PulteGroup (NYSE:PHM) and raises the price target from $90 to $97.
July 26, 2023 | 2:02 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on PulteGroup and raises the price target from $90 to $97, indicating positive sentiment towards the stock.
The raised price target by Citigroup indicates a positive outlook for PulteGroup. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Citigroup analyst Anthony Pettinari maintains a Buy rating on PulteGroup, demonstrating the bank's positive outlook on the stock.
While Citigroup's actions may reflect positively on its analytical capabilities, it's not directly related to the bank's own stock performance. Hence, the impact on Citigroup's stock is neutral.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50