Wells Fargo analyst James Feldman lowered the firm’s price target on AMH (AMH) to $38 from $39 and keeps an Overweight rating on the shares. The firm is updating its Residential REIT models. Looking ahead, Wells’ focus remains on incremental updates during its Q3 Market Update Call with RealPage on Tuesday, October 14.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMH:
- Positive Outlook for American Homes: Attractive Valuation and Steady Growth Amid Market Challenges
- Wolfe upgrades AMH to Outperform on ‘compelling’ valuation
- AMH upgraded to Outperform from Peer Perform at Wolfe Research
- AMH downgraded to Neutral from Buy at Goldman Sachs
- AMH price target lowered to $40 from $41 at Evercore ISI
