JP Morgan Maintains Overweight on PulteGroup, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut maintains an Overweight rating on PulteGroup (NYSE:PHM) and raises the price target from $87 to $115.

July 27, 2023 | 2:18 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on PulteGroup and raises the price target from $87 to $115.
The news of JP Morgan maintaining an Overweight rating on PulteGroup and raising the price target from $87 to $115 is likely to have a positive impact on the company's stock in the short term. This is because the raised price target indicates that the analyst believes the stock has significant upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100