- Pulte (PHM +3.7%) trades up today after announcing plans to relocate its corporate headquarters to the Buckhead community in Atlanta in 2014.
- The homebuilder says it will have several hiring opportunities there, although it did not specify how large it planned to grow staff.
- Separately, the stock was downgraded to Outperform from Top Pick at RBC Capital today, and its price target was cut from $26 to $20.
Pulte to move headquarters to Atlanta suburbs
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