KeyBanc analyst Austin Wurschmidt lowered the firm’s price target on Invitation Homes to $35 from $37 on revised estimate outlook, while keeping an Overweight rating on the shares. The firm updated estimates to reflect Q2 results and subsequent operating updates, as well as its proprietary data and revised outlook for the company.
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Read More on INVH:
- Evercore upgrades Invitation Homes on better supply/demand trends
- Invitation Homes upgraded to Outperform from In Line at Evercore ISI
- Invitation Homes initiated with a Buy at UBS
- Invitation Homes management to meet with Oppenheimer
- Fitch revises Invitation Homes rating outlook to ‘Positive’ from ‘Stable’