Barclays Maintains Overweight on AvalonBay Communities, Raises Price Target to $218
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Anthony Powell maintains an Overweight rating on AvalonBay Communities (AVB) and raises the price target from $204 to $218.
April 29, 2024 | 3:35 pm
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Barclays maintains an Overweight rating on AvalonBay Communities and raises the price target from $204 to $218.
The upgrade in price target by Barclays reflects a positive outlook on AvalonBay Communities, suggesting confidence in the company's future performance. This analyst action can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100