This Is What Whales Are Betting On Lennar
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Lennar (NYSE:LEN), with 70% of detected trades being bearish. Whales have been targeting a price range of $110 to $115 for Lennar over the last 3 months. Deutsche Bank downgraded Lennar to Sell with a price target of $105, while Barclays maintained their Overweight rating with a price target of $135.
June 05, 2023 | 6:01 pm
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A whale investor has taken a bearish stance on Lennar, with 70% of detected trades being bearish. Deutsche Bank downgraded Lennar to Sell with a price target of $105, while Barclays maintained their Overweight rating with a price target of $135.
The bearish stance taken by the whale investor, along with Deutsche Bank's downgrade to Sell, indicates a potential short-term negative impact on Lennar's stock price. However, Barclays' maintained Overweight rating suggests some positive sentiment in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100