Citigroup Maintains Buy on Lennar, Lowers Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari has maintained a 'Buy' rating on Lennar (NYSE:LEN) but lowered the price target from $148 to $139.

September 11, 2023 | 2:52 pm
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Citigroup has maintained a 'Buy' rating on Lennar but lowered the price target from $148 to $139.
The news is directly related to Lennar as Citigroup has maintained a 'Buy' rating on the company but lowered the price target. This could potentially impact the stock's performance in the short term as investors adjust their expectations based on the new price target. However, the 'Buy' rating suggests that Citigroup still sees potential in the stock, which could balance out any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100