PulteGroup (PHM) Could Trade to $35-$40 with New Value Creation Plan, Elliott Associates Says - CNBC
Get Alerts PHM Hot Sheet
Price: $117.26 -1.33%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: -5.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
Revenue Growth %: -5.0%
Join SI Premium – FREE
Activist hedge fund Elliott Associates and PulteGroup (NYSE: PHM) have a new agreement, according to CNBC's Scott Wapner.
Elliott believes shares could trade to $35-$40 with the new valuation creation plan.
Sources: Elliott believes $PHM shares should trade at $35-$40 per share with new value creation plan.
— Scott Wapner (@ScottWapnerCNBC) July 21, 2016
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- PulteGroup (PHM) PT Lowered to $136 at Truist Securities
- Chipotle tries to get ahead of a potential activist problem - Semafor
- PulteGroup (PHM) PT Lowered to $145 at Wells Fargo
Create E-mail Alert Related Categories
13Ds, Hedge FundsRelated Entities
Elliott AssociatesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share