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Evercore ISI downgraded Lennar (NYSE:LEN) from Outperform to In-line in a report released today.

Evercore ISI has downgraded Lennar (NYSE:LEN) from Outperform to In-line in a report released on 6/21/2017.

Yesterday Lennar (NYSE:LEN) traded 0.83% higher at $53.87. The company’s 50-day moving average is $52.26 and its 200-day moving average is $51.96. The last closing price is up -1.26% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 3,162,233 shares of the stock traded hands, up from an average trading volume of 1,843,370

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Lennar (NYSE:LEN)

Lennar has a 52 week low of $39.68 and a 52 week high of $55.75 with a P/E ratio of 15.00 The company’s market cap is currently $0.

General Information About Lennar (NYSE:LEN)

Lennar Corporation is a provider of real estate related financial services, commercial real estate, investment management and finance company. The Company is a homebuilder that operates in various states. Its segments include Homebuilding East, Homebuilding Central, Homebuilding West, Lennar Financial Services, Rialto and Lennar Multifamily. It is a developer of multifamily rental properties. Its Homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development and sale of residential land. It operates primarily under the Lennar brand name. The Lennar Financial Services segment includes mortgage financing, title insurance and closing services for both buyers of its homes and others. The Rialto segment is a real estate, investment management, and finance company. The Lennar Multifamily segment focuses on developing a portfolio of institutional multifamily rental properties in the United States markets.

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