Wedbush Reiterates Neutral on Lennar, Maintains $130 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Jay McCanless has reiterated a Neutral rating on Lennar (LEN) and maintained a $130 price target on the stock.
March 05, 2024 | 1:36 pm
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Wedbush analyst Jay McCanless reiterated a Neutral rating on Lennar and maintained a $130 price target.
The reiteration of a Neutral rating and maintenance of a $130 price target by Wedbush suggests that the analyst sees the stock as fairly valued at its current level. This assessment is likely based on Lennar's current performance and market conditions. The neutral stance indicates that the analyst does not foresee significant upside or downside in the short term, which could lead to a stable stock price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100