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PulteGroup (NYSE:PHM) has been downgraded from Buy to Neutral in a report by Buckingham Research earlier today.

Having a price of $30.23, PulteGroup (NYSE:PHM) traded 2.80% higher on the day. With the last stock price up 15.93% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. PHM has recorded a 50-day average of $26.76 and a two hundred day average of $24.74. 7,605,716 shares of PHM traded hands, up from an average trading volume of 4,111,750

Buckingham Research has downgraded PulteGroup (NYSE:PHM) from Buy to Neutral in a statement released on 11/14/2017.

On 10/25/2017, RBC Capital Markets released a statement about PulteGroup (NYSE:PHM) upped the target price from $28.00 to $33.00 that suggested an upside of 0.13%.

Recent Performance Chart

PulteGroup (NYSE:PHM)

PulteGroup has 52 week low of $17.69 and a 52 week high of $28.92 with a PE ratio of 15.87 and has a market capitalization of $0.

In addition to Buckingham Research reporting its target price, a total of 16 firms have reported on PHM. The one year target is $20.13 with 1 broker rating the stock a strong buy, 4 brokers rating the company a buy, twelve analysts rating the company a hold, 3 brokerages rating the stock a underperform, and finally 0 equity analysts rating the company a sell.

Brief Synopsis About PulteGroup (NYSE:PHM)

PulteGroup, Inc. is a homebuilder in the United States. The Company's segments include Homebuilding and Financial Services. Its Homebuilding operations are engaged in the acquisition and development of land primarily for residential purposes within the United States and the construction of housing on such land. Its Financial Services operations consist principally of mortgage banking and title operations. The Company conducts its financial services business, through Pulte Mortgage LLC (Pulte Mortgage) and other subsidiaries. Pulte Mortgage arranges financing through the origination of mortgage loans. The Company's subsidiaries are engaged in the homebuilding business. It offers a product line to meet the needs of homebuyers in its focused markets. Through its brands, which include Centex, Pulte Homes, Del Webb, DiVosta Homes, and John Wieland Homes and Neighborhoods, the Company offers a range of home designs, including single-family detached, townhouses, condominiums and duplexes.

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