PulteGroup price target raised to $130 from $117 at Seaport Research

Seaport Research analyst Kenneth Zener raised the firm’s price target on PulteGroup to $130 from $117 and keeps a Buy rating on the shares. The firm believes the company’s focus on inventory returns, founded on governed growth and land investment, along with its favorable product mix should enable PulteGroup to outperform compared to its peers, the analyst tells investors.