JMP Securities analyst Aaron Hecht raised the firm’s price target on American Homes 4 Rent to $41 from $38 and keeps an Outperform rating on the shares following the Q4 results. The firm continues to recommend shares of American Homes 4 Rent and believes the company should benefit from the current lack of home ownership affordability in the U.S., while driving value from its development program, the analyst tells investors in a research note.
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