Barclays lowered the firm’s price target on AvalonBay (AVB) to $203 from $206 and keeps an Overweight rating on the shares. The firm adjusted models in the residential real estate investment trust group post the Q1 reports. It believes apartment and single family rental earnings growth will bottom in 2026, “and that the stocks themselves already have.”
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Read More on AVB:
- AvalonBay price target raised to $213 from $209 at BofA
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- AvalonBay sees Q4 adjusted EPS $1.70-$1.80, consensus $1.38
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