After-hours movers: NextEra Energy, Lennar, La-Z-Boy and more

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UBS Reiterates Buy Rating on Lennar (LEN)

June 18, 2024 6:21 AM EDT

UBS analyst John Lovallo reiterated a Buy rating and $198.00 price target on Lennar (NYSE: LEN).

The analyst comments "LEN reported FY2Q adj. EPS of $3.38, above UBSe/Cons. of $3.25/$3.26. The homebuilding operating profit $ beat vs UBSe was driven by better than expected home sales revenue and adj. gross margin, but homebuilding adj. op.... More

Needham Reiterates Hold Rating on Chegg (CHGG)

June 18, 2024 5:55 AM EDT

Needham analyst Ryan MacDonald reiterated a Hold rating on Chegg (NYSE: CHGG).

The analyst comments "After the market close, Chegg CEO Nathan Schultz outlined his plan to return the business to growth while still maintaining a lean organization that is capable of producing... More