JP Morgan Maintains Neutral on Lennar, Raises Price Target to $173
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut maintains a Neutral rating on Lennar (NYSE:LEN) but raises the price target from $154 to $173.
September 23, 2024 | 2:09 pm
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JP Morgan has maintained its Neutral rating on Lennar but increased the price target from $154 to $173, indicating a positive outlook on the stock's potential.
The increase in price target from $154 to $173 by JP Morgan suggests a positive outlook for Lennar's stock, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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