Wells Fargo initiated coverage of American Homes 4 Rent with an Equal Weight rating and $31 price target. While the firm has a favorable view on single-family rental sector, Wells notes the company’s balance sheet ranks below average in terms of leverage, debt maturities and liquidity.
Published first on TheFly
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Read More on AMH:
- American Homes 4 Rent price target raised to $36 from $35 at Evercore ISI
- American Homes 4 Rent price target lowered to $33 from $35 at Mizuho
- Invitation Homes downgraded to Neutral from Buy at Mizuho
- American Homes 4 Rent CFO sells $1.1M in common stock
- American Homes 4 Rent price target raised to $38 from $37 at Barclays
