As previously reported, Evercore ISI upgraded American Homes 4 Rent to Outperform from In Line with an unchanged price target of $36. The firm didn’t make any material changes to revenue or NOI growth across the apartment or single-family rental space as part of its Q1 residential REIT preview note, but it is upgrading American Homes given what it calls "good upside potential" of about 17% based on its unchanged target.
Published first on TheFly
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Read More on AMH:
- American Homes 4 Rent upgraded to Outperform from In Line at Evercore ISI
- American Homes 4 Rent initiated with an Equal Weight at Wells Fargo
- 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
