Mizuho analyst Haendel St. Juste raised the firm’s price target on Apartment Income REIT to $45 from $41 and keeps a Buy rating on the shares. The analyst says the Q4 results and outlooks support the firm’s favorable view on apartment real estate investment trusts.
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Read More on AIRC:
- Apartment Income REIT sees FY23 FFO $2.35-$2.47, consensus $2.42
- Apartment Income REIT reports Q4 FFO 59c, consensus 59c
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- AIR Communities Named a Built In 2023 Best Places to Work Winner
- Apartment Income REIT initiated with an Outperform at Wolfe Research