Lennar (LEN) PT Lowered to $237 at Evercore ISI

RBC Capital Reiterates Underperform Rating on Lennar (LEN)

RBC Capital analyst Mike Dahl reiterated an Underperform rating and $145.00 price target on Lennar (NYSE: LEN).

The analyst comments "Our FY24E EPS declines -2% to $13.92 with FY25E -3% to $14.83, driven by worse GM% and SG&A%. While the 3Q GM% guide... More

Lennar (LEN) PT Lowered to $175 at BTIG

BTIG analyst Carl Reichardt Jr. lowered the price target on Lennar (NYSE: LEN) to $175.00 (from $177.00) while maintaining a Buy rating.

The analyst comments "LEN reported 2Q24 EPS of $3.45 ($3.38 adj for mark-to-market equities & sale of a tech investment) vs. our est. of $3.25 and consensus of $3.23. We were heartened by some progress on LEN's... More

Goldman Sachs Reiterates Buy Rating on Lennar (LEN)

Goldman Sachs analyst Susan Maklari reiterated a Buy rating and $180.00 price target on Lennar (NYSE: LEN)

The analyst comments "We come away from Lennar's F2Q earnings encouraged by ongoing progress towards an asset light model, with a consistent production pace to support... More

Lennar (LEN) PT Lowered to $177 at Barclays

(Updated - June 20, 2024 6:12 AM EDT)

Barclays analyst Matthew Bouley lowered the price target on Lennar (NYSE: LEN) to $177.00 (from $180.00) while maintaining a Overweight rating.

The analyst comments "Once again LENs medium-term thesis does not change, with another quarter stepping towards... More

Midday movers: Nvidia, Micron rise; Lennar, Tesla fall

(Updated - June 18, 2024 11:31 AM EDT)

Investing.com -- U.S. stock futures were mixed Tuesday following the release of retail sales data for May that was softer than economists expected, as investors continued to balance weaker economic data against the possibility of Fed rate cuts later this year.

Here are some of the biggest U.S. stock movers today:

Chegg (NYSE: CHGG) stock soared 13% after the education technology group announced plans to slash 23% of its global... More

US stock futures edge higher; retail sales release looms

Investing.com -- U.S. stock futures traded marginally higher Tuesday, ahead of the release of key retail sales data, a crucial component of the U.S. economy. 

By 06:25 ET (10:25 GMT), the Dow Futures contract was largely unchanged, S&P 500 Futures traded 4 points, or 0.1%, higher and Nasdaq 100 Futures climbed 53 points, or 0.3%.

The main indices closed higher Monday, with the blue-chip Dow Jones Industrial Average gaining just under 190 points, or 0.5%, the S&P 500 rising 0.8% and Nasdaq Composite rising 0.9% - the latter two closing at all-time highs.

UBS Reiterates Buy Rating on Lennar (LEN)

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

Stocks expected to have increasing option volume: LEN KBH NVDA LZB CHGG

Stocks expected to have increasing option volume: LEN KBH NVDA LZB CHGG