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Fly News Breaks for June 19, 2018
CAA, LEN
Jun 19, 2018 | 06:38 EDT
Citi analyst Scott Schrier assumed coverage of Lennar with a Buy rating saying the stock's recent underperformance is overdone. The stock screens well from a valuation perspective, and the company's acquisition of CalAtlantic brings "significant synergy potential," Schrier tells investors in a research note.
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