Equities Rally Intraday as Markets Weigh Fed Policy Move
Shares of Housing-related Stocks Are Trading Higher After the Fed Policy Decision to Cut Rates by 50 Basis Points, Which Could Help Curb Housing Unaffordability and Increase Demand.
Lennar Is Maintained at Neutral by B of A Securities
Lennar Analyst Ratings
Wall Street Breaks Records, Chipmakers Rally, Tesla Hits 2-Month High As Fed Cut Drives Risk-On Mode: What's Driving Markets Thursday?
Homebuilders Sales, Margins Likely to Improve With Lower Mortgage Rates, BofA Says
Is the Federal Reserve starting an interest rate cut cycle on the cusp of a wave, possibly revealing the outcome of the election in advance?
Taking history as a lesson, in an election year with declining interest rates, the probability of the incumbent president or challenger winning is greater.
Express News | The second-hand housing sales volume in the usa fell to the lowest point since last October, and affordability remains a challenge.
U.S. residential builders are all up, with D.R. Horton and Lennar Corp both up more than 1%.
On September 19, Grengou rose more than 2%, with D.R. Horton, Lennar Corp, and Pultegroup all rising more than 1%. On the news front, Robert Dietz, chief economist of the National Association of Home Builders, said that a 50 basis point rate cut by the Federal Reserve will lower loan rates for residential construction companies.
Here's the Major Earnings After the Close Today
Express News | Lennar Corp : BofA Global Research Raises Price Objective to $190 From $171
Express News | Phlx Housing Index up 1.8%
Express News | D.r. Horton up 1.4%, Lennar up 1.6%, Pultegroup up 2%, Toll Brothers up 2.2%
Express News | Homebuilder Stocks Gain After Fed Rate Cuts
Lennar's Earnings Are Coming. Expect an Update on Home Buyer Demand. -- Barrons.com
4 Stocks to Watch on Thursday: DRI, FDX and More
Lennar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
BofA Securities Maintains Lennar Corp(LEN.US) With Hold Rating, Raises Target Price to $190
BofA Securities analyst Rafe Jadrosich maintains $Lennar Corp(LEN.US)$ with a hold rating, and adjusts the target price from $171 to $190.According to TipRanks data, the analyst has a success rate
Stocks Rise Pre-Bell as Investors Assess Fed Rate Cut; Asia, Europe Strong
Wall Street Primed For Relief Rally As Traders Eye Jobless Claims, FedEx Earnings After Fed's 50 Basis-Point Cut: Strategist Says These Stocks Will Gain Edge In First 6 Months Of Rate Cut