Truist Securities Maintains Hold on AvalonBay Communities, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on AvalonBay Communities while raising the price target from $213 to $230.
August 27, 2024 | 10:04 am
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Truist Securities has maintained a Hold rating on AvalonBay Communities and increased the price target from $213 to $230, indicating a positive outlook.
The increase in price target from $213 to $230 by Truist Securities suggests a positive outlook for AvalonBay Communities, 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 80
RELEVANCE 100