Lennar Q2 results top estimates despite fall in home prices as high rates weigh
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
UBS Reiterates Buy Rating on Lennar (LEN)
June 18, 2024 6:21 AM EDTUBS 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
