macro

Barclays Trims Price Targets on Axogen and PulteGroup

Barclays lowered its Axogen target to $50 from $55 while keeping Overweight, and trimmed PulteGroup's to $109 from $110, per Dow Jones Newswires.

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what happened

Barclays analysts reduced their price target on Axogen (AXGN) to $50 a share from $55, while maintaining an Overweight rating. Dow Jones Newswires reported the change, citing Benzinga's ratings feed.

The same bank also lowered its target on PulteGroup (PHM) to $109 from $110. The Axogen update was published at 13:31 GMT on October 23, 2026, and the PulteGroup one at 13:48 GMT.

why it matters

Single-analyst target changes like these usually affect only the named stocks and rarely move the broader market. For homebuilder and medical-device investors, they show how sell-side expectations are shifting for individual names. The PulteGroup cut is only $1 per share, so it is a minor revision.

tags

instruments

AXGNPHM

sources

  1. Axogen Price Target Cut to $50.00/Share From $55.00 by Barclays — Dow Jones Newswires, 23 October 2026 at 13:31 UTC
  2. PulteGroup Price Target Cut to $109.00/Share From $110.00 by Barclays — Dow Jones Newswires, 23 October 2026 at 13:48 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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