Wedbush Initiates Coverage On Apartment Income REIT with Outperform Rating, Announces Price Target of $37
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Richard Anderson has initiated coverage on Apartment Income REIT (NYSE:AIRC) with an Outperform rating and a price target of $37.
October 03, 2023 | 11:09 am
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Wedbush has initiated coverage on Apartment Income REIT (AIRC) with an Outperform rating and a price target of $37, indicating a positive outlook for the stock.
The Outperform rating from Wedbush indicates that they expect AIRC to do better than the overall market in the near future. The price target of $37 also suggests that they believe the stock is currently undervalued. This positive outlook could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100