The Second Biggest Homebuilder Gets a Berkshire Hathaway Boost
Lennar Berkshire stake grows as fresh buying offsets housing weakness, bearish analyst calls and scrutiny around Millrose.
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Melius Research analyst Michael Rehaut initiates coverage on Lennar (NYSE:LEN) with a Sell rating and announces Price Target of $72.
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Lennar Berkshire stake grows as fresh buying offsets housing weakness, bearish analyst calls and scrutiny around Millrose.
Block & Leviton is investigating Lennar Corporation for potentially misleading investors about home delivery numbers in fiscal Q3 2026. The investigation focuses on whether Lennar artificially inflated delivery figures through purchases by its spinoff company Millrose Properties in the final week of the quarter. Lennar's stock fell on October 5, 2026, following an analyst downgrade of Millrose.