Goldman Sachs Maintains Buy on Lennar, Raises Price Target to $158
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari has maintained a Buy rating on Lennar (NYSE:LEN) and increased the price target from $138 to $158. This adjustment reflects a positive outlook on Lennar's stock, suggesting potential upside from the current market price.
December 18, 2023 | 1:59 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs analyst Susan Maklari maintains a Buy rating on Lennar and raises the price target to $158, indicating a bullish outlook on the stock.
The increase in price target by Goldman Sachs is a strong positive signal to investors, often leading to a short-term increase in stock price as market sentiment is influenced by the credibility of the analyst firm. The new target represents a significant potential upside, which can attract investor interest and potentially drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100