Shares of Lennar Corp (LEN) have surpassed the average analyst 12-month target price of $107.17, currently trading at $109.25 per share. This marks a significant point as analysts now face the decision to either downgrade based on valuation or raise their target prices due to favorable business developments.
Analysts covering Lennar have a range of target prices, with a low of $74.00 and a high of $130.00. The average target is influenced by 12 analysts, reflecting a standard deviation of $17.857. Currently, there are 6 strong buy ratings, 1 buy rating, and 6 hold ratings among analysts, with an average rating score of 2.21 on a scale where 1 is strong buy and 5 is strong sell.
