UPDATE: Compass Point Raises PT to $21 on Pulte Homes on Strong Earnings Fundamentals
November 29, 2012 at 10:41 AM EST
Compass Point reiterated its Buy rating on Pulte Homes (NYSE: PHM ) and increased its price target from $19 to $21. Compass Point commented, "After a full model update we remain positive on earnings fundamentals, and see material upside in shares of PHM despite what is a fairly valued