RBC Capital Maintains Underperform on Lennar, Raises Price Target to $85
RBC Capital analyst Mike Dahl maintains Lennar (NYSE:LEN) with a Underperform and raises the price target from $76 to $85.
Lennar Shares In Building Mode: Behind The Earnings Beat And Rising Homebuilder Confidence
Lennar Corp (NYSE: LEN) shares are on the rise as the homebuilder's earnings outperformed expectations on both revenue and earnings per share. While this may be one factor driving the stock price, another catalyst could be the uptick in a separate homebuilder confidence indicator.
Nasdaq, S&P Futures Plunge As Credit Suisse Crisis Deepens, Bringing Banks Back In Spotlight
The euphoria over Tuesday’s inflation numbers has apparently given way to skepticism, with index futures retreating sharply early Wednesday. Traders get to digest another set of key economic data points to make their conclusions about Fed’s potential March move.
Cues From Tuesday’s Trading:
Adobe, SentinelOne And 3 Stocks To Watch Heading Into Wednesday
With US futures trading mixed this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
Lennar Q1 EPS $2.12 Beats $1.55 Estimate, Sales $6.49B Beat $5.93B Estimate
Lennar (NYSE:LEN) reported quarterly earnings of $2.12 per share which beat the analyst consensus estimate of $1.55 by 36.77 percent. This is a 21.48 percent decrease over earnings of $2.70 per share from the same period
Nasdaq, S&P 500 Futures Stretch Gains After February Inflation Prints In Line With Expectations
Trading in the U.S. index futures suggests stocks could strive to pick up some momentum after Monday’s listless performance.
Lennar, Caleres And 3 Stocks To Watch Heading Into Tuesday
With US futures trading higher this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
Investor Fear Increases Further After Dow Drops For Fifth Session
The CNN Money Fear and Greed index showed a further increase in the fear level among US investors.
S&P 500 Logs Weekly Loss As Investors Digest Latest Jobs Data
The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower in a volatile week as concerns over the U.S. regional banking industry rattled Wall Street.
How Are Lennar And NVR Gaining Market Share Even As Homebuilder Demand Plummets?
Despite a sharp decline in homebuilder demand, Lennar Corp (NYSE: LEN) and NVR, Inc. (NYSE: NVR) have been able to gain market share in the housing market.