Scotiabank lowered the firm’s price target on AMH (AMH) to $35 from $41 and keeps a Sector Perform rating on the shares. The firm is updating its price targets for U.S. Single-Family Housing REITs under its coverage, the analyst tells investors. Scotiabank is expecting 2026 to be “another year of below-average” same store revenue growth due to the weaker job market and lingering supply impacts weighing on new lease pricing.
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