Citigroup Maintains Neutral on Lennar, Raises Price Target to $196
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Anthony Pettinari maintains a Neutral rating on Lennar (NYSE:LEN) but raises the price target from $164 to $196.
September 23, 2024 | 3:42 pm
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Citigroup has maintained its Neutral rating on Lennar but increased the price target from $164 to $196, indicating a positive outlook on the stock's potential.
The increase in price target from $164 to $196 suggests that Citigroup sees potential upside in Lennar's stock, which could positively influence investor sentiment and 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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