Lennar (LEN) Gets a Hold from Evercore ISI
Evercore ISI analyst Stephen Kim maintained a Hold rating on Lennar (LEN – Research Report) yesterday and set a price target of $131.00. The company's shares closed yesterday at $104.61.
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According to TipRanks, Kim is a 5-star analyst with an average return of 14.2% and a 57.84% success rate. Kim covers the Consumer Cyclical sector, focusing on stocks such as Lennar, Installed Building Products, and KB Home.
In addition to Evercore ISI, Lennar also received a Hold from KBW's Jade Rahmani in a report issued yesterday. However, on the same day, UBS reiterated a Buy rating on Lennar (NYSE: LEN).
Based on Lennar's latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $7.63 billion and a net profit of $519.53 million. In comparison, last year the company earned a revenue of $7.31 billion and had a net profit of $719.33 million
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