JP Morgan Maintains Neutral Rating for Lennar: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Neutral rating for Lennar (NYSE:LEN) but lowered its price target from $136.00 to $135.00. Lennar's shares are currently trading up 1.41% over the last 24 hours, at $118.94 per share. A move to $135.00 would account for a 13.5% increase from the current share price.
September 20, 2023 | 5:00 pm
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NEUTRAL IMPACT
JP Morgan has maintained its Neutral rating for Lennar but lowered its price target. This could potentially impact investor sentiment and the stock's short-term performance.
Analyst ratings and price targets can significantly influence investor sentiment and stock performance. While JP Morgan has maintained its Neutral rating for Lennar, the lowering of the price target could potentially indicate a less optimistic outlook for the stock, which may impact its short-term performance.
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IMPORTANCE 75
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