AMH price target raised to $43 from $39 at Raymond James

Raymond James raised the firm’s price target on AMH (AMH) to $43 from $39 and keeps an Outperform rating on the shares. With just under 10,000 home sites in the development pipeline and a 2025 target of 2,300 new home deliveries, AMH by itself now ranks as a top-40 U.S. homebuilder, the analyst tells investors in a research note. The firm believes the shares remain priced well below the fair market value of its housing portfolio while also offering compelling upside growth potential.