PulteGroup (PHM) Could Trade to $35-$40 with New Value Creation Plan, Elliott Associates Says - CNBC
Activist hedge fund Elliott Associates and PulteGroup (NYSE: PHM) have a new agreement, according to CNBC's Scott Wapner.
Elliott believes shares could trade to $35-$40 with the new valuation creation plan.
Sources: Elliott believes $PHM shares should trade at $35-$40 per share with new value creation plan.
— Scott Wapner (@ScottWapnerCNBC) July 21, 2016