Existing Home Sales 5.33M vs 5.28M Expected
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FBR Capital Raises Price Target on PulteGroup (PHM) to $20 Following 1Q Beat
April 22, 2016 7:22 AM EDTFBR Capital reiterated a Market Perform rating on PulteGroup (NYSE: PHM), and raised the price target to $20.00 (from $18.00), following the company's 1Q earnings release. PHM reported headline EPS of $0.24, which beat consensus expectations of $0.20. This was a good quarter for PHM as closings, average selling price,... More
