Citigroup Upgrades American Homes 4 Rent to Buy, Raises Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Nicholas Joseph upgraded American Homes 4 Rent (AMH) from Neutral to Buy and increased the price target from $37 to $41.

March 22, 2024 | 8:55 am
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Citigroup upgraded American Homes 4 Rent from Neutral to Buy and raised the price target from $37 to $41.
Upgrades by major financial institutions like Citigroup generally lead to positive short-term price movements for stocks. The increase in price target from $37 to $41 suggests a bullish outlook on AMH's future performance, likely influencing investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100