---
title: "This PulteGroup Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Friday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/298044574.md"
description: "Wall Street analysts initiated coverage on three stocks: StoneX's Michael Rindos assigned a Hold rating to Lennar (NYSE:LEN), Canaccord Genuity's Whitney Ijem gave Belite Bio (NASDAQ:BLTE) a Buy with a $303 price target, and Rindos also initiated PulteGroup (NYSE:PHM) with a Buy and a $148 price target."
datetime: "2026-09-04T13:10:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/298044574.md)
  - [en](https://longbridge.com/en/news/298044574.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/298044574.md)
generator: "portal-rs"
---

# This PulteGroup Analyst Begins Coverage On A Bullish Note; Here Are Top 3 Initiations For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

-   StoneX analyst Michael Rindos initiated coverage on **Lennar Corp** (NYSE:LEN) with a Hold rating. Lennar closed at $84.45 on Thursday. See how other analysts view this stock.
-   Canaccord Genuity analyst Whitney Ijem initiated coverage on **Belite Bio Inc** (NASDAQ:BLTE) with a Buy rating and announced a price target of $303. Belite Bio shares closed at $171.09 on Thursday. See how other analysts view this stock.
-   StoneX analyst Michael Rindos initiated coverage on **Pultegroup Inc** (NYSE:PHM) with a Buy rating and announced a price target of $148. PulteGroup closed at $124.31 on Thursday. See how other analysts view this stock.

Considering buying PHM stock? Here’s what analysts think:

*Photo via Shutterstock*

### Related Stocks

- [LEN.US](https://longbridge.com/en/quote/LEN.US.md)
- [BLTE.US](https://longbridge.com/en/quote/BLTE.US.md)
- [LEN.B.US](https://longbridge.com/en/quote/LEN.B.US.md)
- [PHM.US](https://longbridge.com/en/quote/PHM.US.md)

## Related News & Research

- [PulteGroup Announces Quarterly Cash Dividend of $0.26 Per Share | PHM Stock News](https://longbridge.com/en/news/297828955.md)
- [PulteGroup declares Q3 2026 dividend of R$ 0.9 per unit](https://longbridge.com/en/news/297931957.md)
- [The Bull Case For PulteGroup (PHM) Could Change Following Mixed Q2 2026 Results And Stronger Orders](https://longbridge.com/en/news/296687395.md)
- [Belite Bio Wins FDA Priority Review for Tinlarebant in Stargardt Disease](https://longbridge.com/en/news/297858517.md)
- [Pacer Advisors Inc. Acquires 139,226 Shares of PulteGroup, Inc. $PHM](https://longbridge.com/en/news/294676760.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**