Lennar (LEN) Gets a Sell from Evercore ISI
Evercore ISI analyst Stephen Kim maintained a Sell rating on Lennar today and set a price target of $92.00.
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Kim covers the Consumer Cyclical sector, focusing on stocks such as Lennar, Mohawk, and DR Horton. According to TipRanks, Kim has an average return of 15.2% and a 60.81% success rate on recommended stocks.
In addition to Evercore ISI, Lennar also received a Sell from Bank of America Securities’s Rafe Jadrosich in a report issued yesterday. However, today, Wells Fargo maintained a Hold rating on Lennar (NYSE: LEN).
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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