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Zacks Investment Research disclosed Lennar Corporation (NYSE:LEN), boosting its price target to $59.00 earlier today

Reporting a potential upside of 0.12%, Zacks Investment Research upped the price target of Lennar Corporation (NYSE:LEN) to $59.00

Having a price of $52.45, Lennar Corporation (NYSE:LEN) traded 0.36% higher on the day. With the last close down 10.69% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. LEN has recorded a 50-day moving average of $53.53 and a two hundred day average of $52.60. Trade Volume was down over the average, with 661,927 shares of LEN changing hands under the typical 1,936,420

Recent Performance Chart

Lennar Corporation (NYSE:LEN)

Lennar Corporation has PE ratio of 16.78 with a one year low of $39.68 and a one year high of $58.96 and has a market capitalization of $0.

General Company Details For Lennar Corporation (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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