BofA analyst Rafe Jadrosich raised the firm’s price target on PulteGroup to $120 from $110 and keeps a Buy rating on the shares. While the Q4 results were “mixed,” the firm raised its target on a stronger 2024 return-on-equity outlook. Orders improved as rates fell during the quarter, the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PHM: