Barclays lowered the firm’s price target on Invitation Homes to $38 from $39 and keeps an Overweight rating on the shares. Following February operating updates with "strong" renewal leasing spreads and occupancy achieved year-to-date, the analyst updated single family real estate investment trust estimates to reflect "resilient" rent growth, partly offset by higher expenses
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- Invitation Homes put volume heavy and directionally bearish
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- Invitation Homes downgraded to In Line from Outperform at Evercore ISI
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