RBC Capital Reiterates Sector Perform on AvalonBay Communities, Maintains $185 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Carroll has reiterated a 'Sector Perform' rating on AvalonBay Communities (AVB) and maintained a price target of $185.
February 02, 2024 | 3:33 pm
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NEUTRAL IMPACT
AvalonBay Communities maintains a 'Sector Perform' rating and a $185 price target from RBC Capital.
The reiteration of the 'Sector Perform' rating and maintenance of the $185 price target by RBC Capital suggests a neutral outlook on AvalonBay Communities' stock in the short term. This analysis likely reflects a balanced view of the company's current valuation and future prospects, without significant new information that would alter the stock's trajectory.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90