2020-12-18 08:46:06 LEN Lennar
12/18/20 12/1808:46 12/18/2008:46 | Lennar price target raised to $104 from $99 at BTIGBTIG analyst Carl Reichardt raised the firm's price target on Lennar to $104 from $99 and keeps a Buy rating on the shares. The analyst is citing the company's "big" Q4 earnings beat and "surprisingly good" FY21 guidance, adding that its operational, cyclical, and strategic metrics are all moving in the "right direction". Reichardt adds that Lennar is in transition from a company focused on being a "better-in-class" real estate investor to a "scale-levering, efficient manufacturer of homes". | |
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