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Barclays Reaffirms Their Sell Rating on Lennar (LEN)

Tipranks - Tipranks - Thu Apr 9, 1:54AM CDT

Barclays analyst Matthew Bouley maintained a Sell rating on Lennar today and set a price target of $80.00.

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According to TipRanks, Bouley is a 5-star analyst with an average return of 13.2% and a 58.16% success rate. Bouley covers the Industrials sector, focusing on stocks such as Fortune Brands Innovations, Advanced Drainage Systems, and Builders Firstsource.

In addition to Barclays, Lennar also received a Sell from Seaport Global’s Kenneth Zener in a report issued on April 6. However, on April 1, KBW maintained a Hold rating on Lennar (NYSE: LEN).

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Based on Lennar’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $9.37 billion and a net profit of $490.24 million. In comparison, last year the company earned a revenue of $10.02 billion and had a net profit of $1.1 billion

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