Existing Home Sales 5.62M vs 5.55M Expected

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Go back to Existing Home Sales 5.62M vs 5.55M Expected

Lennar (LEN) FVE Raised to $58 at MKM Partners; '2Q17 Continues Positive Tone... Margins Beat, Guidance Maintained'

June 21, 2017 10:56 AM EDT

MKM Partners raised its fair value estimate on Lennar (NYSE: LEN) to $58.00 (from $55.00) while maintaining a Neutral rating, following the company's 2017 second quarter earnings report.

Analyst Megan McGrath notes the company delivered 2017 second quarter earnings per share and revenues above consensus, driven... More