B. Riley analyst Craig Kucera lowered the firm’s price target on American Homes 4 Rent to $36 from $43 and keeps a Buy rating on the shares post the Q3 results. Residential real estate investment trust valuations remain challenged in a higher interest rate environment, Kucera tells investors in a research note.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on AMH:
- American Homes 4 Rent Reports Third Quarter 2022 Financial and Operating Results
- American Homes 4 Rent price target lowered to $38 from $45 at Jefferies
- American Homes 4 Rent price target lowered to $37 from $42 at Mizuho
- American Homes 4 Rent price target lowered to $41 from $44 at Barclays
- American Homes 4 Rent says damage from Hurricane Ian ‘limited’