Evercore ISI raised the firm’s price target on AvalonBay (AVB) to $216 from $212 and keeps an In Line rating on the shares. In a broad REIT note, the analyst rolled forward models to incorporate the firm’s 2027 AFFO estimates into its price target framework.
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Read More on AVB:
- AvalonBay upgraded to Buy from Hold at Truist
- AvalonBay’s Strategic Market Expansion and Development: A Buy Recommendation
- AvalonBay’s Strategic Portfolio Realignment: Suburban and Sun Belt Focus Drives Buy Rating
- AvalonBay price target lowered to $226 from $236 at Scotiabank
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