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Fly News Breaks for April 25, 2016
PHM
Apr 25, 2016 | 06:32 EDT
Raymond James analyst Buck Horne downgraded PulteGroup to Market Perform citing valuation and some increased concerns regarding the battle between the board and the Pulte family, potential Wieland acquisition dilution could be greater than expected given management's unwillingness to increase FY16 margin guidance, and the surprisingly large absorption rate declarations.
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