Deutsche Bank Maintains Buy on AvalonBay Communities, Raises Price Target to $249
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Derek Johnston maintains a Buy rating on AvalonBay Communities (NYSE:AVB) and raises the price target from $206 to $249.
September 10, 2024 | 5:49 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Deutsche Bank has reaffirmed its Buy rating on AvalonBay Communities and increased the price target from $206 to $249, indicating a positive outlook.
The reaffirmation of a Buy rating and an increased price target from a major bank like Deutsche Bank suggests confidence in AvalonBay's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100