UBS Maintains Neutral on PulteGroup, Raises Price Target to $154
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Lovallo maintains a Neutral rating on PulteGroup (NYSE:PHM) but raises the price target from $148 to $154.
October 23, 2024 | 3:41 pm
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POSITIVE IMPACT
UBS analyst John Lovallo maintains a Neutral rating on PulteGroup but raises the price target from $148 to $154, indicating a positive outlook on the stock's potential value.
The increase in the price target from $148 to $154 suggests that UBS sees potential for PulteGroup's stock to appreciate, which is a positive signal for investors. However, the Neutral rating indicates that the analyst does not see a strong buy or sell opportunity, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100