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At the Rancho Mission Viejo master-planned community, the Village of Rienda has 279 more homes for sale – with two to four bedrooms – from Lennar, Tri Pointe Homes and Trumark Homes.
Bank of America boosted their target price on shares of Lennar from $103.00 to $120.00 in a research note on Wednesday.
Despite these challenges, many homebuilder stocks, such as Lennar (), continue to trade near their all-time high valuation.
Equities analysts forecast that Lennar Co. will post 9.72 EPS for the current fiscal year.
Finally, UBS Group increased their price target on Lennar from $117.00 to $127.00 and gave the stock a “buy” rating in a research report on Thursday, March 16th.
If by chance, by the way, any of you happen to be in Miami, come on by and ask to see the Lennar machine in action.
Lennar Corporation () reported earnings over a month after DHI reported and the stock lost its 3.8% post-earnings gain within two days.
Lennar Corp., up $5.06 to $119.
Lennar had a net margin of 12.66% and a return on equity of 18.27%.
Macquarie Group Ltd. Decreases Stock Position in Lennar Co.
Valeo Financial Advisors LLC raised its stake in shares of Lennar by 11.0% during the 3rd quarter.
Source: https://www.etfdailynews.com/2023/03/11/lennar-co-nyselen-shares-sold-by-macquarie-group-ltd/