Evercore ISI lowered the firm’s price target on PulteGroup (PHM) to $134 from $154 and keeps an In Line rating on the shares following what the firm calls “a solid quarter amidst a challenging environment.” Following the Q3 report, the firm raised its FY25 EPS estimate to $11.68 from $11.58 and lowered its FY26 EPS estimate to $10.73 from $12.08.
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- Mixed Performance and Uncertainties Lead to Hold Rating for PulteGroup
- PulteGroup reports Q3 EPS $2.96, consensus $2.90
- PulteGroup reports Q3 net new orders totaled 6,638 homes with value of $3.6B