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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100