Lennar (LEN -3.37%) suffered today after a J.P. Morgan downgrade. Morgan analysts lowered the...

|About: Lennar Corporation (LEN)|By:, SA News Editor

Lennar (LEN -3.37%) suffered today after a J.P. Morgan downgrade. Morgan analysts lowered the stock to neutral from overweight and lowered the price target from $48 to $46.50, projecting "some modest near term downside risk." Collateral damage to housing stocks included Gafisa (GFA -6.21%),Toll Bros. (TOL -2.95%), Hovnanian (HOV -2.77%),  PulteGroup (PHM -1.99%), KB Home (KBH -1.78%).