Pulte Group (PHM) option implied volatility elevated as shares near 11-year high into Q3

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PulteGroup (PHM) PT Raised to $31 at FBR Capital Following 3Q Release

October 25, 2017 7:04 AM EDT

FBR Capital raised its price target on PulteGroup (NYSE: PHM) to $31.00 (from $28.00) while maintaining a Buy rating following the company's 3Q release. Total revenue of $2.13B increased 10% YOY, aided by 10% homebuilding revenue growth, which more than offset a modest decline in financial services revenue.... More