Lennar Corp (Symbol: LEN) shares have risen above the analyst 12-month target average of $101.15, currently trading at $102.40 per share. This price increase may prompt analysts to either downgrade their valuations or raise their target prices, depending on the company’s performance and market conditions.
There are 13 analysts contributing to the target price, with estimates ranging from $74.00 to $120.00, resulting in a standard deviation of $14.55. Currently, 8 analysts rate LEN as a “Strong Buy,” 5 as a “Hold,” and 1 as a “Strong Sell,” maintaining an average rating of 2.0 on a scale where 1 is “Strong Buy” and 5 is “Strong Sell.”
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