Lennar To Acquire Rausch Coleman Homes
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Wolfe Research Reiterates Outperform Rating on Lennar (LEN)
November 20, 2024 6:04 AM ESTWolfe Research analyst Trevor Allinson reiterated an Outperform rating and $210.00 price target on Lennar (NYSE: LEN)
The analyst comments "This morning, LEN announced the acquisition of Rausch Coleman Homes, the 21st largest U.S. Builder based on 2023 Closings, with the transaction expected to close in LENs F1Q. We find the transaction interesting and unique as LEN is only acquiring Rausch Colemans WIP, while the companys lots are being acquired by one of LENs land bank partners for... More
Evercore ISI Reiterates Outperform Rating on Lennar (LEN)
November 19, 2024 11:12 AM ESTEvercore ISI analyst Stephen Kim reiterated an Outperform rating and $236.00 price target on Lennar (NYSE: LEN).
The analyst comments "This morning, LEN announced that it has entered into a definitive agreement to acquire Rausch Coleman Homes, a builder based in Arkansas, with additional operations in Alabama, the panhandle of FL,... More
Lennar Corp. (LEN) Mentioned Positively at Zelman
November 19, 2024 11:05 AM ESTLennar Corp. (NYSE: LEN) Mentioned Positively at Zelman
Firm noting a positive view remains on LEN following Rausch Coleman acquisitionEarlier: Lennar Corp. (LEN) To Acquire Rausch Coleman Homes... More