Truist Securities Maintains Hold on AvalonBay Communities, Raises Price Target to $207
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Michael Lewis maintains a Hold rating on AvalonBay Communities (NYSE:AVB) and raises the price target from $197 to $207.

May 24, 2024 | 1:18 pm
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Truist Securities maintains a Hold rating on AvalonBay Communities and raises the price target from $197 to $207.
The raised price target from $197 to $207 suggests a positive outlook on AvalonBay Communities' stock, which could lead to a short-term price increase. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100