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Fly News Breaks for June 23, 2015
LEN
Jun 23, 2015 | 07:28 EDT
Morgan Stanley said recent Lennar share weakness provides a buying opportunity ahead of the Q2 report tomorrow. The firm's Q2 earnings estimate is 67c versus consensus of 65c on lower SG&A expenses and said order growth is setting up to beat expectations. Morgan Stanley rates Lennar an Overweight with a $54 price target.
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