Jim Cramer Says Lennar Earnings May Signal Cooling Housing Inflation

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โดย Insider Monkey·Read original
Summary · why it matters

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.

Impact on stocks 2

Consumer Discretionary · 1 stocks
Lennar Corporation
LEN
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RBC Capital and Bank of America lowered price targets and maintained Underperform ratings, citing weak guidance and housing market turmoil.

Energy · 1 stocks