UBS Initiates Coverage On American Homes 4 Rent with Neutral Rating, Announces Price Target of $35
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Michael Goldsmith has initiated coverage on American Homes 4 Rent (NYSE:AMH) with a Neutral rating and a price target of $35.
September 29, 2023 | 11:06 am
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UBS has initiated coverage on American Homes 4 Rent with a Neutral rating and a price target of $35.
The initiation of coverage by UBS with a Neutral rating indicates that the analyst sees the stock as fairly valued at current levels. The price target of $35 suggests that the analyst believes the stock has limited upside potential from its current price. This could lead to a neutral or slightly negative reaction in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100