Mizuho Maintains Buy on Apartment Income REIT, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Vikram Malhotra maintains a 'Buy' rating on Apartment Income REIT (NYSE:AIRC) but has lowered the price target from $40 to $33.
September 26, 2023 | 12:07 pm
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NEUTRAL IMPACT
Mizuho maintains a 'Buy' rating on AIRC but lowers the price target from $40 to $33.
The news is directly related to AIRC as Mizuho has maintained a 'Buy' rating on the stock but lowered the price target. This could have a neutral impact on the stock as the 'Buy' rating is positive but the lower price target could be seen as negative. The impact on the stock price will depend on how investors interpret this mixed signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100