tiprankstipranks
Trending News
More News >

Landsea Homes downgraded to Neutral from Outperform at Wedbush

Wedbush analyst Jay McCanless downgraded Landsea Homes (LSEA) to Neutral from Outperform with a price target of $11.30, down from $15, after the company entered into a definitive agreement for New Home to acquire Landsea for $11.30 per share in an all-cash transaction, representing an enterprise value of approximately $1.2B.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue