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$LEN has moderated its growth targets for its homebuilding operations to achieve a growth rate of 8-10% and has redirected efforts towards creating operating efficiencies and leveraging SG&A. The company is now targeting land acquisitions with a shorter 2-3 year average life and has moderated its land spend as a percent of revenues.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.