KeyBanc Upgrades Lennar (LEN) to Buy; Sustained Job Growth
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Price: $85.20 -2.68%
Rating Summary:
13 Buy, 14 Hold, 9 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 8
Rating Summary:
13 Buy, 14 Hold, 9 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 8
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KeyBanc upgraded Lennar (NYSE: LEN) from Hold to Buy with a price target of $32.00.
KeyBanc analyst said, "Sustained local job growth ("Local Job-to-Permit Analysis: Austin to Zener," April 13, 2012) supports our shift to fundamental growth vs. our prior trading range. LEN's aggressive and profitable restocking of land makes it best in class on a sustainable basis, supporting its premium to the group."
For an analyst ratings summary and ratings history on Lennar click here. For more ratings news on Lennar click here.
Shares of Lennar closed at $26.50 yesterday.
KeyBanc analyst said, "Sustained local job growth ("Local Job-to-Permit Analysis: Austin to Zener," April 13, 2012) supports our shift to fundamental growth vs. our prior trading range. LEN's aggressive and profitable restocking of land makes it best in class on a sustainable basis, supporting its premium to the group."
For an analyst ratings summary and ratings history on Lennar click here. For more ratings news on Lennar click here.
Shares of Lennar closed at $26.50 yesterday.
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