Morgan Stanley Maintains Equal-Weight on AvalonBay Communities, Lowers Price Target to $180.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Kramer maintains an Equal-Weight rating on AvalonBay Communities (NYSE:AVB) and lowers the price target from $190 to $180.5.
May 26, 2023 | 11:48 am
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Morgan Stanley maintains an Equal-Weight rating on AvalonBay Communities and lowers the price target from $190 to $180.5.
The news directly mentions AvalonBay Communities (AVB) and the lowered price target by Morgan Stanley. The Equal-Weight rating suggests a neutral outlook for the stock in the short term. The lowered price target may have a slight negative impact, but the overall impact is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100