JMP Securities Maintains Market Outperform on Lennar, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Aaron Hecht has maintained a Market Outperform rating on Lennar (NYSE:LEN) and increased the price target from $150 to $170.
December 19, 2023 | 5:12 pm
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POSITIVE IMPACT
JMP Securities analyst Aaron Hecht maintains a bullish stance on Lennar, raising the price target to $170, indicating a positive outlook for the stock.
The increase in price target by JMP Securities suggests a strong conviction in Lennar's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often look to analyst ratings and price targets as indicators of a stock's future direction.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100