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Fly News Breaks for April 5, 2018
LEN
Apr 5, 2018 | 06:30 EDT
Mizuho analyst Haendel St. Juste says Lennar's posted "solid" Q1 results on better than expected joint venture income and margins. The analyst sees "even more" earnings upside ahead after Lennar outlined additional fiscal 2018 synergy potential and remained optimistic on the housing backdrop. St. Juste views the current valuation as favorable and maintains a Buy rating on the shares with an $80 price target.
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