Wells Fargo Upgrades American Homes 4 Rent to Overweight, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded American Homes 4 Rent (NYSE:AMH) from Equal-Weight to Overweight and increased the price target from $36 to $42.
August 26, 2024 | 12:22 pm
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Wells Fargo has upgraded American Homes 4 Rent from Equal-Weight to Overweight, raising the price target from $36 to $42, indicating a positive outlook.
The upgrade from Equal-Weight to Overweight by Wells Fargo suggests increased confidence in AMH's performance. The raised price target to $42 indicates expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100