Jefferies Initiates Coverage On PulteGroup with Buy Rating, Announces Price Target of $107
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Collin Verron has initiated coverage on PulteGroup (NYSE:PHM) with a Buy rating and set a price target of $107. This new coverage could influence investor sentiment and potentially impact PulteGroup's stock price in the short term.
November 27, 2023 | 2:29 pm
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Jefferies analyst Collin Verron has initiated coverage on PulteGroup with a Buy rating and a price target of $107, which may positively impact the stock's performance in the short term.
Analyst ratings, especially from reputable firms like Jefferies, can significantly influence investor perception and stock prices. A Buy rating combined with a high price target suggests a strong bullish outlook for PulteGroup, which could lead to increased investor interest and a potential rise in the stock price in the short term.
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