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Lennar price target raised to $161 from $146 at UBS

UBS raised the firm’s price target on Lennar (LEN) to $161 from $146 and keeps a Buy rating on the shares following the fiscal Q3 report. The firm rolled forward the stock’s valuation and believes the industry has reached a demand floor. Lennar is at the end of its negative earnings revision cycle, with the opportunity for improved volume and margins in 2026, the analyst tells investors in a research note.

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