Evercore ISI Group Maintains Outperform on PulteGroup, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Outperform' rating on PulteGroup but has slightly lowered the price target from $198 to $195.
October 23, 2024 | 3:19 pm
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Evercore ISI Group has maintained an 'Outperform' rating on PulteGroup, indicating continued confidence in the company's performance. However, the price target has been slightly reduced from $198 to $195, suggesting a minor adjustment in expected valuation.
The 'Outperform' rating suggests that the analyst expects PulteGroup to perform better than the market average. The slight reduction in the price target from $198 to $195 indicates a minor adjustment in the expected valuation, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100