RBC Capital Maintains Sector Perform on AvalonBay Communities, Raises Price Target to $214
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains a Sector Perform rating on AvalonBay Communities (NYSE:AVB) and raises the price target from $207 to $214.
August 02, 2024 | 7:56 pm
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RBC Capital analyst Brad Heffern maintains a Sector Perform rating on AvalonBay Communities and raises the price target from $207 to $214.
The raised price target from $207 to $214 by RBC Capital suggests a positive outlook for AvalonBay Communities, which could lead to a short-term increase in stock price. However, the Sector Perform rating indicates that the stock is expected to perform in line with the market, tempering the overall impact.
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