Keybanc Maintains Overweight Rating for Lennar: Here's What You Need To Know

Keybanc has decided to maintain its Overweight rating of Lennar LEN and raise its price target from $100.00 to $110.00.

Shares of Lennar are trading down 1.64% over the last 24 hours, at $92.74 per share.

A move to $110.00 would account for a 18.61% increase from the current share price.

About Lennar

Lennar is the second-largest public homebuilder in the United States. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.