JP Morgan Maintains Neutral on American Homes 4 Rent, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Anthony Paolone maintains a Neutral rating on American Homes 4 Rent (NYSE:AMH) but raises the price target from $38 to $43.
September 16, 2024 | 2:37 pm
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JP Morgan has maintained a Neutral rating on American Homes 4 Rent but increased the price target from $38 to $43, indicating a positive outlook.
The increase in price target from $38 to $43 suggests a positive outlook for AMH, despite the Neutral rating. This could lead to a short-term positive impact on the stock price as investors may perceive the raised target as a sign of potential growth.
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