Deutsche Bank initiated coverage of Invitation Homes with a Hold rating and $35 price target. The firm believes rental growth will continue to be a tailwind given healthy tenant rent/income ratios; the still large discount in monthly costs for renting vs buying a home; and Invitation’s high quality locations.
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Read More on INVH:
- Invitation Homes initiated with an Outperform at Exane BNP Paribas
- Early notable gainers among liquid option names on January 19th
- Invitation Homes upgraded to Buy from Hold at Jefferies
- Invitation Homes price target lowered to $37 from $38 at Morgan Stanley
- Invitation Homes raises quarterly dividend 7.7% to 28c from 26c per share