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Fly News Breaks for January 9, 2020
LEN
Jan 9, 2020 | 07:25 EDT
BTIG analyst Carl Reichardt raised his price target for Lennar to $78 from $75 following the company's quarterly results, saying this was another robust quarter that again demonstrated Lennar's transition to a more efficient, turns-oriented homebuilder with a sharper focus on returning capital to shareholders while still producing solid growth. The analyst continues to believe Lennar's valuation will expand as ROE improves and maintains a Buy rating.
News For LEN From the Last 2 Days
LEN
Jan 20, 2022 | 16:29 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly. 1... To see the rest of the story go to thefly.com. See Story Here
LEN
Jan 19, 2022 | 16:42 EST
UBS analyst John Lovallo initiated coverage of Lennar with a Buy rating and $145 price target. The analyst said that builder stocks could "spring" this Spring, with average homebuilder P/E multiple already appearing to reflect downward revisions to estimates, rising interest rates, and a potential sharp decline in housing activity. Lovallo added that he does not expect a material deterioration in volume as pent-up demand is real and continues to be unleashed by COVID impacts.
LEN
Jan 19, 2022 | 12:25 EDT
Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.  1... To see the rest of the story go to thefly.com. See Story Here