This Darden Analyst Turns Bullish; Here Are Top 4 Upgrades For Monday
Top Wall Street analysts changed their outlook on top names. See analyst ratings page for full list. DRI, JANX, and more mentioned.
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PulteGroup (NYSE:PHM) reported second-quarter financial results on Wednesday. The transcript from the company's second-quarter earnings call has been provided below. Benzinga APIs provide real-time access to
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Top Wall Street analysts changed their outlook on top names. See analyst ratings page for full list. DRI, JANX, and more mentioned.
Read original at benzingaWolfe Research analyst Trevor Allinson upgrades PulteGroup (NYSE:PHM) from Peer Perform to Outperform and announces $129 price target.
Read original at benzingaThe housing industry faces significant challenges with record home prices ($440,600 median), elevated mortgage rates (6.7%), and a shortage of 4.7 million homes. While traditional homebuilders struggle, manufactured housing company Legacy Housing stands out with impressive Q2 results (32% revenue growth, 59% net income growth) and benefits from recent congressional legislation supporting the sector. The author believes manufactured homes will fill the housing gap due to lower costs (~$120,000) and reduced stigma.
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Read original at benzinga