Fed's last decision in 2024 may reset interest-rate moves in 2025 [Yahoo! Finance]
Lennar Corporation Class A (LEN)
Last lennar corporation class a earnings: 3/19 06:00 am
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Source: Yahoo! Finance
Don't bet on it. The Fed is obsessed with inflation, which hit 9% in the summer of 2022 and has come down substantially since then. Don't miss the move: SIGN UP for TheStreet's FREE Daily newsletter The Fed, led by Chairman Jerome Powell, wants to see inflation drop to 2%, even if it is an arbitrary number — formulated by New Zealand's central bank 30 years ago. U.S. inflation is hovering just below 3%. Many investors are worried that current inflation indicators suggest getting it to 2% may take longer than anyone wants — especially Donald Trump. Related: Nasdaq-100 rebalance adds trio of top tech stocks Powell is one who has cautioned patience on rate cuts. The economy is very strong, he told attendees at The New York Times Dealbook Summit on Dec. 5 , and, he added, the Fed "can afford to be more cautious as it lowers rates." The conundrum will color the Fed's December meeting. It starts Tuesday and ends Wednesday when the Fed is expected to cut its current key fe
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LEN
News
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Royal Bank of Canada from $160.00 to $130.00. They now have an "underperform" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at UBS Group AG from $225.00 to $205.00. They now have a "buy" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Keefe, Bruyette & Woods from $210.00 to $170.00. They now have an "outperform" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) had its price target lowered by analysts at Barclays PLC from $181.00 to $135.00. They now have an "equal weight" rating on the stock.MarketBeat
- Lennar Co. (NYSE: LEN) was downgraded by analysts at BTIG Research from a "buy" rating to a "neutral" rating.MarketBeat
LEN
Earnings
- 12/18/24 - Miss
LEN
Sec Filings
- 12/18/24 - Form 8-K
- 12/2/24 - Form 4
- 12/2/24 - Form 4
- LEN's page on the SEC website