Jefferies Upgrades Invitation Homes to Buy, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Linda Tsai upgraded Invitation Homes (NYSE:INVH) from Hold to Buy and increased the price target from $33 to $41, indicating a positive outlook on the company's stock.
January 02, 2024 | 11:18 am
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Invitation Homes was upgraded by Jefferies from Hold to Buy with a raised price target from $33 to $41, suggesting a bullish stance on the stock's future performance.
Upgrades by analysts, especially from Hold to Buy, typically signal a positive change in the stock's outlook, which can lead to increased investor confidence and potential stock price appreciation. The increase in price target further emphasizes the analyst's bullish view on the stock.
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