Barclays Maintains Overweight on Lennar, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Overweight rating on Lennar Corporation (NYSE:LEN) and increased the price target from $132 to $165.
December 13, 2023 | 11:42 am
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Barclays analyst Matthew Bouley maintains an Overweight rating on Lennar and raises the price target from $132 to $165, indicating a positive outlook on the stock.
The increase in price target by Barclays reflects a bullish stance on Lennar's stock, suggesting that the analyst sees potential for the stock to rise to the new target price. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100