RBC Capital Downgrades Invitation Homes to Sector Perform, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has downgraded Invitation Homes from Outperform to Sector Perform and reduced its price target from $37 to $36.
September 09, 2024 | 10:49 am
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NEGATIVE IMPACT
RBC Capital downgraded Invitation Homes from Outperform to Sector Perform, reducing the price target from $37 to $36. This suggests a less optimistic outlook on the stock's performance.
The downgrade from Outperform to Sector Perform indicates a reduced confidence in the stock's ability to outperform its peers. The lowered price target from $37 to $36 further suggests a more conservative outlook on the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100