Citi Says Buy Pulte (PHM)

Posted in pre-market 
November 18th, 2009

Pulte Homes Inc. (NYSE: PHM) could be subject to the housing starts figure later this morning, but so far shares are trading higher.  Citigroup raised its rating to BUY in a research call this morning. Shares are trading up 4.7% at $10.05 on almost 40,000 shares as of 8:12 AM EST.  Average volume is 7.7 million shares, but this should pick up as the opening bell gets closer.


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