Wells Fargo Maintains Overweight on Lennar, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid has maintained an Overweight rating on Lennar (LEN) and increased the price target from $165 to $175.
March 15, 2024 | 11:56 am
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Wells Fargo analyst Sam Reid has maintained an Overweight rating on Lennar and raised the price target from $165 to $175.
The increase in price target by a reputable analyst like Sam Reid from Wells Fargo is a strong positive signal for Lennar. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100