Wells Fargo Maintains Overweight on Lennar, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid has maintained an Overweight rating on Lennar (NYSE:LEN) and increased the price target from $195 to $205.
September 09, 2024 | 1:32 pm
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Wells Fargo has reaffirmed its Overweight rating on Lennar and increased the price target to $205, indicating confidence in the company's future performance.
The increase in price target from $195 to $205 by Wells Fargo suggests a positive outlook on Lennar's future performance. The Overweight rating indicates that the analyst expects Lennar to outperform its peers, which could lead to a positive short-term impact on the stock price.
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