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FBR Capital Raises Price Target on Lennar Corp. (LEN) Following 2Q15 Results
June 25, 2015 6:44 AM EDTFBR Capital reiterates an Outperform rating on Lennar (NYSE: LEN), and raised the price target to $59.00 (from $57.00), following LEN's 2Q15 results. LEN reported EPS of $0.79, which exceeded consensus of $0.64.
Analyst Patrick Kealey commented, "We are reiterating our Outperform rating and increasing our price... More
Compass Point Raises Price Target on Lennar Corp. (LEN) Following Q2 EPS Beat
June 24, 2015 1:41 PM EDTCompass Point maintains a Neutral rating on Lennar (NYSE: LEN), and raised the price target to $50.00 (from $49.00), following 2Q15 results. LEN reported 2Q15 EPS of $0.79, beating the Streets consensus estimate of $0.64.
Analyst Wilkes Graham commented, "We maintain our Neutral rating and raise our price target to $50.00 from $49.00 on shares of LEN. LEN reported blowout second quarter earnings characterized by a 15 cent headline beat, 21% closings growth, 18% orders growth, a 20 bp HB margin beat, and a 110 bp SG&A margin beat.... More
