Truist Financial Keeps Their Hold Rating on Lennar (LEN)
In a report released today, Jonathan Bettenhausen from Truist Financial maintained a Hold rating on Lennar, with a price target of $95.00.
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In addition to Truist Financial, Lennar also received a Hold from Wells Fargo’s Sam Reid in a report issued today. However, on the same day, Barclays maintained a Sell 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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- Lennar price target lowered to $95 from $110 at Truist
- Lennar price target lowered to $100 from $105 at Wells Fargo
- Lennar price target lowered to $85 from $88 at Barclays
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