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AMH price target lowered to $38 from $39 at Wells Fargo

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.

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