KeyBanc nyuam qhuav tsa lub tswb ntawm cov tsev tsim khoom hauv tsev

Shares ntawm Lennar Corporation (NYSE: LEN) tau nqis los kwv yees li 10% lub hlis no, thiab KeyBanc Capital Markets hais tias txoj kev yuav nyob twj ywm tsis zoo nyob rau lub hlis tom ntej thiab.

Zener pom 15% downside hauv Lennar Corp

Nyob rau hauv tsab ntawv ceeb toom tag kis no, KeyBanc's Kenneth Zener downgraded Lennar mus rau "qis dua" nrog tus nqi lub hom phiaj ntawm $ 86 ib feem uas sawv cev ze rau 15% downside los ntawm qhov chaw uas cov Tshuag tau kaw rau hnub Tuesday.

Puas yog koj tab tom nrhiav kom tau cov xov xwm ceev, kub-cov lus qhia thiab kev tsom xam kev ua lag luam?

Sau npe rau Invezz cov ntawv xov xwm, hnub no.

Raws li tus kws tshuaj ntsuam xyuas, tus neeg tsim khoom hauv tsev tsis zoo li yuav ua tau zoo hauv 2022 vim tias US Federal Reserve txav mus nce tus nqi tsawg kawg yog plaub zaug los daws cov ntaub ntawv ntawm kev nce nqi. Nws sau tias:

Cov neeg tsim khoom cov khoom lag luam ntsib lub phab ntsa ntawm kev txhawj xeeb thaum xyoo 2022 pib, raws li kev ntsuas nyiaj txiag nruj tsis zoo cuam tshuam rau kev xav, COVID-induced inflation thiab kev txwv tsis pub muaj kev lag luam lag luam nyiaj txiag. Thiab yav dhau los tus nqi tsev nce siab uas cov paj tau nce siab yuav zoo li abate.

Ntawm qhov tsis sib xws, Morningstar's tseem muaj kev cia siab txog LEN.

Lwm lub npe Zener tau txo qis rau hnub Wednesday

Zener yog vim li cas rau kev ua dovish ntawm Lennar yog macroeconomic nyob rau hauv cov xwm. Lawm, yog li ntawd, nws cia siab tias lawv yuav ntaus lwm cov neeg tsim vaj tsev ib yam nkaus, suav nrog DR Horton, KB Tsev (NYSE: KBH), Tus Hu Xov Tooj, TopBuild, Cov Khoom Siv Hauv Tsev - tag nrho cov uas nws tau txo qis rau hnub Wednesday.

Tightening cycles impact builders 'stocks, with stocks falls 32% peak to trough, down 89% of the time since 1969. Peb xav tias builders 'kev ua tau zoo ua hauj lwm tsis tau offset cyclical tailwinds ebbing (tsawg mov, tsawg tus nqi) nyob rau hauv lub sij hawm.

Lub lim tiam dhau los, KB Home tau hais tias nws cov nyiaj tau los ntawm kev txaj muag ntawm Txoj Kev kwv yees hauv lub quarter thib plaub. Tus kws tshuaj ntsuam KeyBanc muaj tus nqi hom phiaj ntawm $ 38 ntawm KBH lossis ntau dua 10% hauv qab nws tus nqi tam sim no. SPDR S&P Homebuilders ETF (XHB) poob qis dua 10% rau xyoo.