Lennar CorporationLEN
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RBC Capital and Bank of America lowered price targets and maintained Underperform ratings, citing weak guidance and housing market turmoil.

Jim Cramer suggested that Lennar Corporation's latest quarterly results could indicate easing housing inflation, calling it a potential gift to President Trump. Lennar shares have fallen 15.7% over the past year and 13.9% year-to-date. RBC Capital lowered its price target to $85 from $88 with an Underperform rating, citing weak third-quarter guidance and housing market turmoil, while Bank of America cut its target to $84 from $88, also maintaining Underperform ahead of the second-quarter earnings report.
Lennar CorporationRBC Capital and Bank of America lowered price targets and maintained Underperform ratings, citing weak guidance and housing market turmoil.
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