RBC Capital Maintains Underperform on Lennar, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl has maintained an 'Underperform' rating on Lennar (NYSE:LEN) and raised the price target from $113 to $114.

September 18, 2023 | 12:22 pm
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RBC Capital has maintained an 'Underperform' rating on Lennar and raised the price target to $114.
The 'Underperform' rating suggests that RBC Capital expects Lennar's stock to do worse than the market average. However, the slight increase in the price target indicates a slightly more positive outlook than before. This could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100