Lennar Corp. (LEN) option implied volatility bid into Q2 and outlook

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Lennar (LEN) PT Raised to $93 at BofA/Merrill Lynch

June 27, 2018 9:01 AM EDT

BofA/Merrill Lynch raised its price target on Lennar (NYSE: LEN) to $93.00 (from $90.00) while maintaining a Buy rating following the company's 2Q earnings release. Analyst John Lovallo was very encouraged by LENs FY2Q results and expects strong execution to... More