Form 8-K LENNAR CORP /NEW/ For: Dec 16
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Lennar (LEN) PT Lowered to $80 at JPMorgan
December 18, 2025 6:56 AM ESTJPMorgan analyst Michael Rehaut lowered the price target on Lennar (NYSE: LEN) to $80.00 (from $115.00) while maintaining a Underweight rating.
The analyst comments "Following LENs 4Q (Nov-end) earnings call, we provide our key takeaways below (pre-call bullets in the body of this note). Overall, LEN declined 5% today, below our universes 1% average decline (ex-LEN; S&P: -1%), we believe largely driven by 1Q26 gross margin guidance down 100-200 bps sequentially, solidly below investor expectations. Regarding guidance, LEN expects FY26 closings of 85.0K, which represents growth of 3% YOY, modestly below our 85.8K estimate (up 5%... More
