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Wednesday, Sep 12
2012, 11:28 AM
PulteGroup (PHM +5.7%) gains after Williams Financial Group upped the shares to Buy earlier...
PulteGroup (PHM +5.7%) gains after Williams Financial Group upped the shares to Buy earlier today, and increased its price target to $17 from $13. The firm cites better operational metrics and in-line new order growth combined with the substantial move-up segment sales improvements, adding that PHM seems to be finally realizing the benefits from its ongoing strategy to drive improvements through its existing communities while controlling costs.