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Goldman Sachs Reaffirms Their Hold Rating on Lennar (LEN)

Tipranks - Tue Jun 16, 7:08AM CDT

Goldman Sachs analyst Susan Maklari maintained a Hold rating on Lennar yesterday and set a price target of $100.00.

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Maklari covers the Consumer Cyclical sector, focusing on stocks such as Lennar, Whirlpool, and KB Home. According to TipRanks, Maklari has an average return of 0.9% and a 50.00% success rate on recommended stocks.

In addition to Goldman Sachs, Lennar also received a Hold from Oppenheimer’s Tyler Batory in a report issued today. However, on the same day, Barclays assigned a Sell 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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