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Fly News Breaks for July 22, 2016
PHM
Jul 22, 2016 | 07:34 EDT
JPMorgan analyst Michael Rehaut upgraded PulteGroup to Overweight saying share repurchases should drive next year's earnings growth to 28%, well above the high-teen average of its larger-cap peers. The analyst views the current valuation as attractive and upped his price target for the shares to $26 from $18.
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