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Analysts Offer Insights on Consumer Cyclical Companies: Patrick Industries (PATK) and Lennar (LEN)

Tipranks - Thu Jul 2, 6:46AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Patrick Industries (PATK) and Lennar (LEN).

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Patrick Industries (PATK)

Truist Financial analyst Gregory Miller maintained a Buy rating on Patrick Industries today. The company’s shares closed last Tuesday at $89.78.

According to TipRanks.com, Miller is a 5-star analyst with an average return of 15.1% and a 79.3% success rate. Miller covers the NA sector, focusing on stocks such as MasterCraft Boat Holdings, OneSpaWorld Holdings, and Acushnet Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Patrick Industries with a $119.43 average price target.

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Lennar (LEN)

Truist Financial analyst Jonathan Bettenhausen maintained a Hold rating on Lennar today. The company’s shares closed last Tuesday at $90.49.

According to TipRanks.com, Bettenhausen is a 3-star analyst with an average return of 19.0% and a 100.0% success rate. Bettenhausen covers the NA sector, focusing on stocks such as Taylor Morrison, Toll Brothers, and PulteGroup. ;'>

Lennar has an analyst consensus of Moderate Sell, with a price target consensus of $84.17, a -7.4% downside from current levels. In a report released yesterday, TipRanks – PerPlexity also downgraded the stock to Hold with a $98.00 price target.

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