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PHM

PulteGroup

$39.44

1.2 (3.14%)

07:14
10/23/19
10/23
07:14
10/23/19
07:14

PulteGroup price target raised to $42 from $34 at Wells Fargo

Wells Fargo analyst Truman Patterson raised his price target for PulteGroup to $42 from $34, while reiterating a Market Perform rating on the shares. The analyst notes that he found the initial selloff in PulteGroup's equity on Tuesday "perplexing" as he believed the company's "solid" Q3 earnings report warranted the stock moving higher. The analyst came away from the company's conference call optimistic about its near and intermediate-term prospects, likely being a catalyst for the shares as earnings are upwardly revised.

  • 06

    Nov

  • 07

    Nov

PHM PulteGroup
$39.44

1.2 (3.14%)

09/11/19
JPMS
09/11/19
NO CHANGE
JPMS
JPMorgan sees 'modest' further upside after Homebuilding's 2019 rally
Although the Homebuilding sector is up an "impressive" 44% year-to-date, effectively reversing last year's decline, driven by a rebound in several fundamental metrics and a decline in interest rates, the stocks still contain "some modest remaining upside potential," JPMorgan analyst Michael Rehaut wrote to investors earlier in a research note. The analyst anticipates further improvement across most industry and company data points. However, volatility in the stocks over the last 18 months requires a disciplined approach to the group, cautions Rehaut. With that in mind, the analyst today upgraded PulteGroup (PHM) to Overweight from Neutral, saying its valuation is attractive relative to his fundamental outlook. Rehaut also downgraded NVR (NVR) to Underweight from Neutral following the stock's outperformance year-to-date. He also upgraded Century Communities (CCS) to Overweight from Neutral and Meritage Homes (MTH) to Neutral from Underweight. In addition, the analyst downgraded LGI Home (LGIH) to Neutral from Overweight and reiterated Overweight ratings on Lennar (LEN), Taylor Morrison (TMHC) and William Lyon Homes (WLH).
09/16/19
LEHM
09/16/19
NO CHANGE
Target $54
LEHM
Overweight
Barclays boosts homebuilder targets ahead positive revision 'wave'
Barclays analyst Matthew Bouley thinks homebuilders are likely to see a "wave of positive estimate revisions" into and throughout Q3 earnings season driven mainly by better orders, "in turn encouraging further stock outperformance." As such, the analyst raised his price target for Overweight-rated D.R. Horton to $54 from $52, Overweight-rated KB Home (KBH) to $34 from $30, Overweight-rated Lennar (LEN) to $60 from $54, Overweight-rated PulteGroup (PHM) to $36 from $32, and Overweight-rated Taylor Morrison (TMHC) to $25 from $23. Bouley's August real estate agent survey showed a six-point sequential uptick in buyer traffic. This is an atypical increase for August relative to the survey's history, with indication that lower interest rates are finally prompting incremental demand activity, Bouley tells investors in a research note.
10/03/19
RBCM
10/03/19
NO CHANGE
Target $63
RBCM
Lennar price target raised to $63 from $59 at RBC Capital
RBC Capital analyst Mike Dahl raised his price target on Lennar (LEN) to $63 and kept his Outperform rating after its Q3 earnings beat and strong Q4 guide as well as "decidedly more positive" tone by its management on the call. The analyst notes that in spite of the macro uncertainty, the housing demand is "clearly" stronger amid improving affordability and healthy employment backdrop. Dahl anticipates a positive inflection in forward earnings estimates for Lennar, allowing the stock to narrow its valuation gap relative to D.R. Horton (DHI) and PulteGroup (PHM).
10/17/19
WEDB
10/17/19
NO CHANGE
Target $34
WEDB
Neutral
PulteGroup price target raised to $34 from $28 at Wedbush
Wedbush analyst Jay McCanless raised his price target for PulteGroup to $34 from $28, while reiterating a Neutral rating on the shares. The analyst continues to be concerned about demand and pricing power for its core move up business, but believes the company's rising stock buyback activity and $693M open repurchase authorization at Q2 may help smooth out any negativity in the shares.

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M

Macy's

$15.02

-0.01 (-0.07%)

, SFL

Ship Finance

$14.45

0.03 (0.21%)

20:25
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Earnings
Notable companies reporting before tomorrow's open »

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M

Macy's

$15.02

-0.01 (-0.07%)

SFL

Ship Finance

$14.45

0.03 (0.21%)

BJ

BJ's Wholesale

$26.03

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PLAN

Anaplan

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BERY

Berry Global

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PFGC

Performance Food Group

$44.66

-0.13 (-0.29%)

20:19
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Syndicate
Performance Food Group 10.12M share Secondary priced at $44.25 »

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ALPMY

Astellas Pharma

$0.00

(0.00%)

20:02
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Astellas Pharma, Welldoc enter into Digital Therapeutics alliance »

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PYPL

PayPal

$104.09

-0.85 (-0.81%)

19:52
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Recommendations
PayPal analyst commentary  »

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SQM

SQM

$23.41

-0.35 (-1.47%)

19:42
11/20/19
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Earnings
SQM reports Q3 EPS 23c, consensus 26c »

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  • 21

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TNAV

TeleNav

$4.92

0.07 (1.44%)

19:37
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19:37
Hot Stocks
TeleNav CEO buys 150K shares of common stock »

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  • 20

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CRSP

Crispr Therapeutics

$67.31

-1.15 (-1.68%)

19:29
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Syndicate
Breaking Syndicate news story on Crispr Therapeutics »

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  • 07

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PFGC

Performance Food Group

$44.66

-0.13 (-0.29%)

19:26
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Syndicate
Performance Food Group upsized 10.1M share offering said to price at $44.25 »

Report from Bloomberg. …

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  • 20

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INVH

Invitation Homes

$30.05

0.13 (0.43%)

19:10
11/20/19
11/20
19:10
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Periodicals
Breaking Periodicals news story on Invitation Homes »

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  • 21

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KRTX

Karuna Therapeutics

$108.42

-15.58 (-12.56%)

19:03
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11/20
19:03
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19:03
Syndicate
Karuna Therapeutics 2.6M share Secondary priced at $96.00 »

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  • 21

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GOOG

Alphabet

$1,302.26

-12.45 (-0.95%)

, GOOGL

Alphabet Class A

$1,301.34

-11.25 (-0.86%)

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Google to limit election ads audience targeting, will prohibit 'deep fakes' »

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$1,302.26

-12.45 (-0.95%)

GOOGL

Alphabet Class A

$1,301.34

-11.25 (-0.86%)

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CAN

Canaan

$0.00

(0.00%)

18:56
11/20/19
11/20
18:56
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18:56
Syndicate
Canaan 10M share IPO priced at $9.00 »

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  • 21

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NUAN

Nuance

$16.60

0.11 (0.67%)

, CPRT

Copart

$84.69

-1.64 (-1.90%)

18:51
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Hot Stocks
Fly Intel: After Hours Movers »

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NUAN

Nuance

$16.60

0.11 (0.67%)

CPRT

Copart

$84.69

-1.64 (-1.90%)

LB

L Brands

$16.00

-1.19 (-6.92%)

JACK

Jack in the Box

$84.89

-0.08 (-0.09%)

SONO

Sonos

$13.87

-0.635 (-4.38%)

NTGN

Neon Therapeutics

$1.44

-0.04 (-2.70%)

TIF

Tiffany

$123.32

-0.16 (-0.13%)

UBER

Uber

$28.02

0.99 (3.66%)

LZB

La-Z-Boy

$36.23

-0.265 (-0.73%)

CUB

Cubic

$73.63

0.8 (1.10%)

NTES

NetEase

$287.68

-1.09 (-0.38%)

OPTN

Optinose

$11.42

0.84 (7.94%)

MTEM

Molecular Templates

$8.28

0.19 (2.35%)

PYPL

PayPal

$104.09

-0.85 (-0.81%)

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WNC

Wabash

$15.05

-0.2 (-1.31%)

18:48
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Initiation
Wabash initiated at Raymond James »

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ALSN

Allison Transmission

$45.51

-0.56 (-1.22%)

18:47
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Initiation
Allison Transmission initiated at Raymond James »

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NAV

Navistar

$30.97

-0.97 (-3.04%)

18:47
11/20/19
11/20
18:47
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Initiation
Navistar initiated at Raymond James »

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PCAR

Paccar

$78.85

-0.59 (-0.74%)

18:47
11/20/19
11/20
18:47
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Initiation
Paccar initiated at Raymond James »

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CMI

Cummins

$180.59

-2.36 (-1.29%)

18:46
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11/20
18:46
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18:46
Initiation
Cummins initiated at Raymond James »

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  • 21

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VMC

Vulcan Materials

$140.72

-0.485 (-0.34%)

18:45
11/20/19
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Initiation
Vulcan Materials initiated at Deutsche Bank »

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SUM

Summit Materials

$24.18

0.3 (1.26%)

18:45
11/20/19
11/20
18:45
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18:45
Initiation
Summit Materials initiated at Deutsche Bank »

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  • 04

    Dec

MLM

Martin Marietta

$263.10

1.36 (0.52%)

18:45
11/20/19
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Initiation
Martin Marietta initiated at Deutsche Bank »

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THC

Tenet

$31.36

-0.38 (-1.20%)

18:33
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Hot Stocks
Tenet General Counsel sells 65K shares of common stock »

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PFPT

Proofpoint

$119.56

1.25 (1.06%)

18:23
11/20/19
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18:23
Hot Stocks
Proofpoint's Salle sells 10,479 common shares »

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  • 09

    Dec

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    Dec

LVMUY

LVMH

$0.00

(0.00%)

, TIF

Tiffany

$123.32

-0.16 (-0.13%)

18:21
11/20/19
11/20
18:21
11/20/19
18:21
Periodicals
Tiffany gives LVMH access to its books after raised bid, Reuters says »

LVMH (LVMUY) has…

LVMUY

LVMH

$0.00

(0.00%)

TIF

Tiffany

$123.32

-0.16 (-0.13%)

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  • 05

    Dec

CPRT

Copart

$84.69

-1.64 (-1.90%)

18:05
11/20/19
11/20
18:05
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18:05
Earnings
Copart reports Q1 non-GAAP EPS 65c, consensus 59c »

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