RBC Capital Maintains Sector Perform on PulteGroup, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl maintains a Sector Perform rating on PulteGroup (NYSE:PHM) and raises the price target from $106 to $113.

April 24, 2024 | 4:36 pm
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POSITIVE IMPACT
RBC Capital has maintained its Sector Perform rating on PulteGroup and increased the price target from $106 to $113.
The increase in the price target by RBC Capital suggests a positive outlook on PulteGroup's stock performance in the short term. This adjustment reflects an analyst's confidence in the company's potential to perform well, likely due to favorable market conditions or internal company strengths. Such a move can positively influence investor sentiment and potentially lead to an increase in stock price as the market adjusts to the new target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100