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Lennar (LEN) Receives a Sell from BTIG
In a report released today, Ryan Gilbert from BTIG reiterated a Sell rating on Lennar, with a price target of $67.00.
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According to TipRanks, Gilbert is a 4-star analyst with an average return of 9.7% and a 59.09% success rate.
In addition to BTIG, Lennar also received a Sell from Barclays’s Matthew Bouley in a report issued today. However, on the same day, Wells Fargo assigned a Hold rating to Lennar (NYSE: LEN).
Based on Lennar’s latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $6.62 billion and a net profit of $229.38 million. In comparison, last year the company earned a revenue of $7.63 billion and had a net profit of $519.53 million
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