Barclays analyst Richard Hightower lowered the firm’s price target on AMH (AMH) to $37 from $39 and keeps an Equal Weight rating on the shares as part of a Q4 earnings preview for the real estate investment trust group. It reduced apartment and single family rental estimates and targets across the board, which it says “hopefully” resets the bar for a beat-and-raise year in 2025.
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Read More on AMH:
- AMH upgraded to Overweight from Equal Weight at Morgan Stanley
- AMH downgraded to Sector Perform at Scotiabank on below consensus estimates
- AMH downgraded to Sector Perform from Outperform at Scotiabank
- AMH downgraded to Hold from Buy at Deutsche Bank
- AMH price target lowered to $41 from $42 at Evercore ISI