Information Provided By:
Fly News Breaks for January 30, 2019
PHM
Jan 30, 2019 | 07:32 EDT
RBC Capital analyst Mike Dahl lowered his price target on PulteGroup to $23 and kept his Underperform rating after its in-line Q4 results, also lowering his FY19 EPS view to $2.90 from $3.38 to reflect "weaker than expected order growth and a reduced margin outlook". The analyst expects the company's "orders to remain challenged in the near term amid soft demand and elevated price competition", adding that its Q1 outlook still suggests a "meaningful margin compression as the company works to stabilize volume."
News For PHM From the Last 2 Days
There are no results for your query PHM