Lennar Unusual Options Activity For October 31
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Lennar (NYSE:LEN) has been observed, with unusual options activity noted. The overall sentiment of these big-money traders is split between 54% bullish and 45% bearish. Whales have been targeting a price range from $80.0 to $115.0 for Lennar over the last 3 months. Wells Fargo downgraded its action to Overweight with a price target of $123, while Barclays maintained their Overweight rating with a price target of $132.

October 31, 2023 | 5:02 pm
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Unusual options activity has been observed for Lennar, indicating a significant bullish stance. The sentiment of big-money traders is split between 54% bullish and 45% bearish. Analysts have set price targets ranging from $80 to $115.
The unusual options activity indicates that there is significant interest in Lennar's stock, with a bullish stance observed. This, combined with the price targets set by analysts, suggests that the stock price is likely to increase in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100