Evercore ISI analyst Stephen Kim upgraded both PulteGroup (PHM) and Toll Brothers (TOL) to Outperform from In Line. The call is a positive read-through for large-cap homebuilders and suggests improved conviction on housing-related fundamentals. The move is likely supportive for the two stocks, though the article contains no new operating data or financial results.
Evercore ISI analyst Stephen Kim upgraded both PulteGroup (PHM) and Toll Brothers (TOL) to Outperform from In Line. The call is a positive read-through for large-cap homebuilders and suggests improved conviction on housing-related fundamentals. The move is likely supportive for the two stocks, though the article contains no new operating data or financial results.
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mildly positive
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0.35
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