Evercore ISI analyst Steve Sakwa raised the firm’s price target on Invitation Homes to $35 from $34 and keeps an Outperform rating on the shares. The firm is rolling forward its valuation framework in its real estate coverage to capture an additional year of earnings growth, rolling forward its AFFO estimates from 2024 to 2025 and adjusting its price targets accordingly.
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- Invitation Homes price target lowered to $35 from $37 at Evercore ISI
