This PulteGroup Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Friday
Analysts initiated coverage: Hold on Lennar, Buys on Belite Bio, PulteGroup.
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Wolfe Research analyst Trevor Allinson upgrades PulteGroup (NYSE:PHM) from Peer Perform to Outperform and announces $129 price target.
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Analysts initiated coverage: Hold on Lennar, Buys on Belite Bio, PulteGroup.
StoneX analyst Michael Rindos initiates coverage on PulteGroup (NYSE:PHM) with a Buy rating and announces Price Target of $148.
PulteGroup (PHM) closed down 2.52% and is expected to report lower earnings and revenue compared to the prior year. The company has a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 12.85, trading at a discount to its industry average. Consensus estimates project full-year EPS of $10.12 (down 11.54%) and revenue of $16.4 billion (down 5.29%).
Top Wall Street analysts changed their outlook on top names. See analyst ratings page for full list. DRI, JANX, and more mentioned.