Oppenheimer Maintains Outperform on PulteGroup, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Tyler Batory maintains an Outperform rating on PulteGroup (NYSE:PHM) but lowers the price target from $168 to $165.
October 23, 2024 | 12:27 pm
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Oppenheimer's analyst Tyler Batory continues to rate PulteGroup as Outperform, indicating confidence in the company's performance, but slightly lowers the price target from $168 to $165, suggesting a minor adjustment in expected valuation.
The Outperform rating suggests continued confidence in PulteGroup's performance, which is positive. However, the slight reduction in the price target from $168 to $165 indicates a minor adjustment in expected valuation, which could be seen as neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100