Deutsche Bank Downgrades Lennar (LEN) to Hold
More News related to LEN
- Could Interest in Homebuilding Stocks Be Returning? Bulls Making the Case Today...
- Barclays on Homebuilders: Upgrades Lennar, Downgrades Toll (LEN, TOL, XHB)
- Notable Analyst Rating Changes 1/14: SEH, CMG, PPG, LEN, CSUN Upgraded; PNSN, CREE, PCS, TOL Downgraded
- Barclays Upgrades Lennar (LEN) to Overweight, Downgrades Toll (TOL) to Equalweight
- Lennar (LEN) Declares $0.04 Quarterly Dividend; 1% Yield
More News related to Downgrades
- S&P Lowers Pinnacle Entertainment (PNK) Outlook from Stable to Negative
- Mindspeed (MSPD) Moving Lower as Brigantine Downgrades to Hold
- Davenport Downgrades Electronic Arts (ERTS) to Sell; Lowers Q4, 2010-11 Estimates
- Stifel Nicolaus Downgrades Parkway Properties (PKY) to Sell
- Craig-Hallum Downgrades Terremark (TMRK) to Accumulate
Deutsche Bank downgrades Lennar (NYSE: LEN) to Hold.
The firm said Lennar likes to use joint ventures as a way to get ahead in the homebuilder industry, which is normally a positive, however, as of recent, with investors bracing for a "worst-case scenario", Lennar is greatly increasing its risk profile with such exposure.
Lennar Corporation operates as a homebuilder primarily in the United States. It constructs and sells single-family attached and detached homes, and to a lesser extent multi-level buildings to first-time, move-up, and active adult homebuyers.
Related Categories
DowngradesStocks Mentioned
+0.21Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
