Lennar is trading 7.9% higher at $91.55, alongside a broad rally in U.S. markets.
- The S&P 500 was up 1.72%, the Nasdaq Composite 2.41%, and the Dow 2.14%.
- No clear company-specific overnight catalyst surfaced; the available report described the premarket rise as likely occurring against stronger major indexes.
- Morgan Stanley’s price-target cut was reported November 3, not as a fresh November 4 catalyst.