Evercore ISI Group Maintains In-Line on AvalonBay Communities, Raises Price Target to $223
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for AvalonBay Communities and raised its price target from $216 to $223.
August 28, 2024 | 3:49 pm
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Evercore ISI Group has maintained an 'In-Line' rating for AvalonBay Communities and increased the price target from $216 to $223, indicating a positive outlook.
The increase in price target from $216 to $223 by Evercore ISI Group suggests a positive outlook for AvalonBay Communities. This could lead to a short-term positive impact on the stock price as investors may view the raised target as a sign of confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100