Goldman Sachs Reiterates Buy Rating As PulteGroup Names A New CFO (PHM)
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 company desired – a currently acting CFO with operational acumen from outside the industry that could in our view help execute the Pulte turn-around." Goldman Sachs has maintained a $10.00 PT on PHM.
PHM closed at $7.79 yesterday.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.