Lennar shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and lowered its price target from $174 to $164.
Portfolio Pulse from Benzinga Newsdesk
Lennar shares are trading lower after Citigroup downgraded the stock from Buy to Neutral and lowered its price target from $174 to $164.
July 02, 2024 | 11:50 am
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Lennar shares are experiencing a decline following Citigroup's downgrade from Buy to Neutral and a reduced price target from $174 to $164.
The downgrade by Citigroup from Buy to Neutral and the reduction in the price target from $174 to $164 is likely to negatively impact investor sentiment and result in a short-term decline in Lennar's stock price.
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