PulteGroup

In a recent report, Goldman Sachs has reiterated a Buy rating on PulteGroup (NYSE: PHM) after the company names Robert O'Shaughnessy as its new CFO, which was one of the key steps in PHM's turn-around plan. In the report, Goldman Sachs said, "The new CFO brings the suite of skills that the...

Goldman Sachs is out with its report today on PulteGroup (NYSE: PHM), reiterating Conviction Buy. In a note to clients, Goldman Sachs writes, "We reiterate our Conviction Buy on Pulte as the company continues to deliver on its turn-around plan. For 2011 Pulte previously set out a number of goals...

J.P. Morgan has published a report increasing price target on PulteGroup Inc. (NYSE: PHM) from $8.50 to $9 J.P. Morgan believes that according to 1Q results, PHM is consistent with both public and private builder commentary. In the report, J.P. Morgan cites “given our view that the Spring has...

Goldman Sachs is out with its report today on PulteGroup (NYSE: PHM), adding PHM to its Conviction Buy List. In a note to clients, Goldman Sachs writes, "We add PulteGroup to the Conviction Buy List as we believe it is the sole name across our universe where investors are already being paid to...

With regard to PulteGroup, Inc.'s (NYSE: PHM) pre-announced January and February signups/orders, Goldman Sachs released a report with three key thoughts: “1) Pulte results through February are roughly in-line with our estimates. We are currently forecasting an 8% decline for the March quarter vs....

J.P. Morgan is maintaining its $8.50 PT on shares of PulteGroup, Inc. (NYSE: PHM). “Currently trading at 0.92x book value (ex-goodwill, ex-adjusted FAS 109), PHM is trading at a 15% discount to its peers' average of 1.08x,” J.P. Morgan writes. “We believe PHM's valuation appropriately reflects its...

Citigroup has announced that it is downgrading Pultegroup (NYSE: PHM) to Hold. Pultegroup currently trades at $7.46.

Underlying 3Q10 operating metrics for PulteGroup, Inc. (NYSE: PHM) were fairly close to expectations, however, headline results included $986 mm in charges that put a cloud over most positives, Deutsche Bank reports. Prior to the 3Q release most thought that mortgage putbacks would be a main...