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Enter Symbol:
 
Pulte Homes, Inc. (PHM) [hlAlert]

Rating:
Outperform
PHM
up 24.37 %

Pulte Homes, Inc. (PHM) rated Outperform by Wells Fargo

Posted on: Monday,  Aug 19, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Pulte Homes, Inc. (NYSE: PHM) on 08/19/2013, when the stock price was $16.45. Since
then, Pulte Homes, Inc. has gained 24.38% as of 08/31/2015's recent price of $20.46.
If you would have followed this Wells Fargo's recommendation on PHM, you would have gained 24.37% of your investment in 742 days.

Pulte Homes, Inc. (Pulte Homes) is a holding company whose subsidiaries engage in the homebuilding and financial services businesses. The Company?s direct subsidiaries include Pulte Diversified Companies, Inc., Del Webb Corporation (Del Webb), and other subsidiaries engaged in the homebuilding business. Pulte Diversified Companies, Inc.?s operating subsidiaries include Pulte Home Corporation, Pulte International Corporation (International), and other subsidiaries engaged in the homebuilding business. It also has a mortgage banking company, Pulte Mortgage LLC (Pulte Mortgage), which is a subsidiary of Pulte Home Corporation. Homebuilding, the Company?s core business, is engaged in the acquisition and development of land primarily for residential purposes within the continental United States and the construction of housing on such land targeted for first-time, first and second move-up, and active adult home buyers.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/19/2013 8:25 AM Buy
None
16.45
as of 12/13/2013
1 Week down  -0.82 %
1 Month up  5.87 %
3 Months up  9.14 %
1 YTD up  9.60 %

(*) Stock Price at the time of the recommendation.
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