RBC Capital Maintains Underperform on Lennar, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Mike Dahl maintains an Underperform rating on Lennar (NYSE:LEN) but raises the price target from $145 to $160.
September 23, 2024 | 1:42 pm
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NEUTRAL IMPACT
RBC Capital maintains an Underperform rating on Lennar but raises the price target to $160, indicating a slightly more optimistic outlook despite the negative rating.
The Underperform rating suggests a negative outlook, but the raised price target to $160 indicates some positive expectations. This mixed signal may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100