Evercore ISI Group Maintains Outperform on AvalonBay Communities, Raises Price Target to $188
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Steve Sakwa has maintained an Outperform rating on AvalonBay Communities (NYSE:AVB) and increased the price target from $183 to $188.
November 30, 2023 | 8:33 pm
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Evercore ISI Group has reaffirmed its Outperform rating on AvalonBay Communities and raised the price target to $188, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Evercore ISI Group typically suggests a bullish view on the stock's future performance. This can often lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100