Jefferies Upgrades American Homes 4 Rent to Buy, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Linda Tsai upgraded American Homes 4 Rent (NYSE:AMH) from Hold to Buy and increased the price target from $34 to $41, indicating a positive outlook on the company's stock.
January 02, 2024 | 11:15 am
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Jefferies upgraded American Homes 4 Rent to Buy and raised the price target to $41, suggesting a bullish stance on the stock's future performance.
Upgrades by analysts, especially from Hold to Buy, typically indicate an expectation of strong performance and can lead to increased investor confidence and a potential rise in the stock price in the short term. The increase in price target further reinforces the positive outlook.
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