Morgan Stanley Maintains Equal-Weight on American Homes 4 Rent, Raises Price Target to $34.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Kramer maintains an Equal-Weight rating on American Homes 4 Rent (NYSE:AMH) and raises the price target from $31.5 to $34.5.
June 26, 2023 | 1:17 pm
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Morgan Stanley maintains an Equal-Weight rating on American Homes 4 Rent (NYSE:AMH) and raises the price target from $31.5 to $34.5.
Morgan Stanley's decision to maintain an Equal-Weight rating on American Homes 4 Rent (NYSE:AMH) indicates that the analyst believes the stock is fairly valued. The increase in the price target from $31.5 to $34.5 suggests a positive outlook for the stock, but the Equal-Weight rating implies that the stock is not expected to outperform its peers in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100