Goldman Sachs Downgrades Lennar to Neutral, Lowers Price Target to $174
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari has downgraded Lennar (NYSE:LEN) from Buy to Neutral and lowered the price target from $180 to $174.
July 22, 2024 | 9:20 am
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NEGATIVE IMPACT
Goldman Sachs analyst Susan Maklari downgraded Lennar from Buy to Neutral and reduced the price target from $180 to $174.
The downgrade from Buy to Neutral and the reduction in the price target by a major financial institution like Goldman Sachs is likely to negatively impact investor sentiment and short-term stock price performance for Lennar.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100