Truist Securities Maintains Hold on Apartment Income REIT, Raises Price Target to $41
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Michael Lewis maintains a 'Hold' rating on Apartment Income REIT (NYSE:AIRC) and raises the price target from $39 to $41.
July 07, 2023 | 1:37 pm
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Truist Securities maintains a 'Hold' rating on Apartment Income REIT and raises the price target from $39 to $41. This could potentially lead to a neutral to positive short-term impact on the stock.
The 'Hold' rating suggests that the analyst believes the stock will perform approximately in line with the market in the near future. The increase in price target from $39 to $41 indicates an expectation of some upside potential. This could lead to a neutral to positive short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100