Keefe, Bruyette & Woods Lowers Rating on Lennar Corporation $LEN
Key Points
- Keefe, Bruyette & Woods now rates Lennar Corporation ($LEN) "sell" with a $86.00 target.
- The Street's average $LEN price target is $89.00 (Hold).
- $LEN last traded around $90.29.
Keefe, Bruyette & Woods lowered its rating on Lennar Corporation ($LEN) to a "sell" rating, with a price target of $86.00 in a recent research note.
Lennar Corporation ($LEN) Stock
Lennar Corporation Earnings
Lennar Corporation Dividend
Analysts Set New Price Targets
About Lennar Corporation
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding South Central, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originating and selling securitization commercial mortgage loans. In addition, the company is involved in fund investment activities. It primarily serves first-time, move-up, active adult, and luxury homebuyers. The company was founded in 1954 and is based in Miami, Florida.
See Also
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