Wolfe Research Downgrades PulteGroup to Peer Perform
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has downgraded PulteGroup (NYSE:PHM) from Outperform to Peer Perform, as per analyst Truman Patterson.
August 14, 2024 | 5:41 pm
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NEGATIVE IMPACT
Wolfe Research analyst Truman Patterson has downgraded PulteGroup from Outperform to Peer Perform.
The downgrade from Outperform to Peer Perform by Wolfe Research is likely to negatively impact PulteGroup's stock price in the short term as it signals reduced confidence in the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100