Wedbush Reiterates Neutral on PulteGroup, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has reiterated a Neutral rating on PulteGroup (NYSE:PHM) and maintained the price target of $85.

January 31, 2024 | 1:41 pm
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Wedbush analyst Jay McCanless reaffirmed a Neutral rating on PulteGroup with a price target of $85.
The reiteration of a Neutral rating by Wedbush suggests no significant change in the company's outlook or performance since the last rating. The maintained price target of $85 indicates that the analyst believes the stock is fairly valued at its current level. This is likely to have a neutral short term impact on PulteGroup's stock price as it does not alter the investment thesis for the company.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100