Citi analyst Anthony Pettinari raised the firm’s price target on PulteGroup to $68 from $56 and keeps a Buy rating on the shares. The company reported "strong" Q4 results and management pointed to solid demand trends in January following sales activity improving sequentially every month of the quarter, the analyst tells investors in a research note. Citi says a "reasonable valuation" keeps it positive on PulteGroup shares.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on PHM: