CRT Capital upgraded Lennar (NYSE: LEN) from Fairly Valued to Buy with a price target of $48.50.

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 $36.01 yesterday, with a 52 week range of $26.80-$44.40.

Upgrades

Lennar (LEN) Investors Overly Focused on Interest Rates, Says GoldmanJune 26, 2013 10:19 AM Traders Already Trimming Profits in Lennar (LEN) Following Q2 ResultsJune 25, 2013 3:47 PM Too Soon To Gauge Effect of Rising Mortgage Rates on Home Prices (LEN) (PHM) (TOL)June 25, 2013 1:53 PM Lennar Corp. (LEN) Tops Q2 Views as Sales Rise 53%; Fundamentals Remain StrongJune 25, 2013 6:17 AM