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Sohini Mondal

What Are Wall Street Analysts' Target Price for PulteGroup Stock?

PulteGroup PHM

With a market cap of $23.6 billion, PulteGroup, Inc. (PHM) is a leading U.S. homebuilder that designs and constructs a wide range of residential properties, including single-family homes, townhomes, condominiums, and duplexes under multiple brand names. Through its Homebuilding and Financial Services segments, it also offers mortgage financing, title insurance, and closing services to support homebuyers nationwide.

Shares of the Atlanta, Georgia-based company have underperformed the broader market over the past 52 weeks. PHM stock has dropped 9.2% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 14.1%. Moreover, shares of PulteGroup are up 11.3% on a YTD basis, compared to SPX’s 16.4% increase.

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