Lennar (LEN) NewsBite - LEN Upgraded By Credit Suisse

Posted: Friday, November 06, 2009 10:02 AM EDT
By: Market Intelligence Center Staff





Lennar (LEN) was upgraded today by analysts at Credit Suisse and the stock is now at $14.17, up $0.68 (5.05%) on volume of 556,786 shares traded. The analysts lifted LEN to Outperform from Neutral. Over the last 52 weeks the stock has ranged from a low of $3.42 to a high of $17.66. Lennar stock has been showing support around $12.63 and resistance in the $14.71 range. Technical indicators for the stock are bullish and S&P gives LEN a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on LEN the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 12 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Lennar (LEN):

Lennar (LEN) Could Break Through $24.31 Resistance Level

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Lennar (LEN) Showing Bullish Technicals With Resistance At $24.25

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Friday, February 03, 2012... First look... Stock futures edged higher this morning ahead of jobs data that will provide more clues about the strength of the economic recovery......

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Lennar (LEN) Showing Bullish Technicals But Could Fall Through $21.62 Support

Tuesday, January 31, 2012... Lennar Corp (NYSE: LEN) closed Monday's trading session at $22.14. In the past year, the stock has hit a 52-week low of $12.14 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1331300

Lennar (LEN) Showing Bullish Technicals With 0.73% Dividend Yield

Wednesday, January 25, 2012... Lennar Corp (NYSE: LEN) closed Tuesday's trading session at $22.37. In the past year, the stock has hit a 52-week low of $12.14 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1330054


Hedged Trade Ideas For LEN:

LEN




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