BMO Capital Upgrades Apartment Income REIT to Outperform, Raises Price Target to $42
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst John Kim has upgraded Apartment Income REIT (NYSE:AIRC) from Market Perform to Outperform and raised the price target from $39 to $42.
July 18, 2023 | 10:18 am
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Apartment Income REIT has been upgraded to Outperform by BMO Capital, with a raised price target of $42.
The upgrade from Market Perform to Outperform by BMO Capital indicates a positive outlook for Apartment Income REIT. The raised price target from $39 to $42 suggests that the analyst expects the stock to outperform the market in the near future. This could potentially lead to an increase in the stock price in the short term.
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IMPORTANCE 80
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