BofA/Merrill Lynch raised its price target on Lennar (NYSE: LEN) to $93.00 (from $90.00) while maintaining a Buy rating following the company's 2Q earnings release. Analyst John Lovallo was very encouraged by LEN’s FY2Q results and expects strong execution to continue.

BofA/Merrill Lynch raised FY18e EPS from $4.95 to $5.40, FY19e from $7.00 to $7.25 and FY20e from $8.25 to $8.60.

Analyst Comments Analyst EPS Change Analyst PT Change

Lennar (LEN) PT Lowered to $65 at BarclaysJune 27, 2018 4:21 AM Lennar (LEN) PT Lowered to $67 at Keefe, Bruyette & Woods; 'CAA Acquisition Starts Showing Dividends'June 27, 2018 1:17 AM Lennar (LEN) PT Lowered to $68 at Evercore ISIJune 27, 2018 1:14 AM Lennar (LEN) PT Lowered to $56 at WedbushJune 26, 2018 4:43 PM Pre-Open Movers 06/26: (LEE) (SPPI) (GE) Higher; (GEVO) (SENS) (AKAM) Lower (more...)June 26, 2018 9:22 AM Energy leads Wall Street rebound as trade worries easeJune 26, 2018 7:43 AM Lennar Corp. (LEN) Reports Q2 EPS of $1.58, Beats on RevenuesJune 26, 2018 6:05 AM Lennar Reports Second Quarter EPS of $0.94June 26, 2018 6:00 AM New Home Sales (May) 689K vs 667K ExpectedJune 25, 2018 10:00 AM Lennar Corp. (LEN) option implied volatility bid into Q2 and outlookJune 25, 2018 5:42 AM