Raymond James Maintains Outperform on PulteGroup, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Buck Horne has maintained an 'Outperform' rating on PulteGroup (NYSE:PHM) but lowered the price target from $105 to $100.
October 26, 2023 | 1:28 pm
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PulteGroup's price target has been lowered from $105 to $100 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors, which may impact the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out any negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100