Mizuho Maintains Neutral on AvalonBay Communities, Lowers Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Haendel St. Juste maintains a Neutral rating on AvalonBay Communities (NYSE:AVB) and lowers the price target from $190 to $186.

September 26, 2023 | 12:08 pm
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NEUTRAL IMPACT
Mizuho has maintained a Neutral rating on AvalonBay Communities and lowered the price target from $190 to $186.
The news directly pertains to AvalonBay Communities (AVB). Mizuho's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the lowering of the price target could potentially have a slight negative impact, as it suggests that Mizuho believes the stock is currently overvalued.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100