B of A Securities Downgrades Invitation Homes to Neutral, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Invitation Homes from Buy to Neutral and lowered its price target from $39 to $37.

September 24, 2024 | 3:21 pm
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NEGATIVE IMPACT
B of A Securities downgraded Invitation Homes from Buy to Neutral and reduced the price target from $39 to $37, indicating a less optimistic outlook.
The downgrade from Buy to Neutral by a major analyst like B of A Securities suggests a less favorable view on the stock's potential, which could lead to a short-term negative impact on the stock price. The lowered price target also indicates reduced expectations for future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100