Lennar price target raised to $180 from $173 at Barclays

Barclays raised the firm’s price target on Lennar to $180 from $173 and keeps an Overweight rating on the shares. The company reported in-line fiscal Q1 results, highlighted y a beat in margins, but investors are questioning the second half margin ramp and near-term demand, the analyst tells investors in a research note. The firm thinks Lennar’s guidance is achievable.