Keep an eye on Lennar (LEN) on its recent dip.

Company director Amy Banse just picked up 1,575 shares of LEN on April 10 for just over $247,000. Helping, Wedbush analysts recently raised their price target on the homebuilder stock to $144 from $133 a share.

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Analysts at Citi also just raised their price target to $198 from $179, with a buy rating on the stock. Keefe Bruyette analysts also just raised their price target to $183 with an outperform rating on the stock, too.

Even better, Lennar just declared a quarterly cash dividend of $0.50 per share payable on May 8, 2024, to shareholders of record at the close of business on April 24, 2024.


Ian Cooper