Citi Downgrades Lennar (LEN) to Neutral, Reiterates $20 Price Target

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November 18, 2011 7:42 AM EST
Get Alerts LEN Hot Sheet
Price: $87.30 +2.78%

Rating Summary:
    13 Buy, 14 Hold, 9 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 3 | Down: 4 | New: 8
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Citi downgraded shares of Lennar (NYSE: LEN) to a Neutral rating from its previous rating of Buy. The firm reaffirmed its price target of $20.00.

For an analyst ratings summary and ratings history on Lennar click here. For more ratings news on Lennar click here.

Shares of Lennar closed at $18.12 yesterday.

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