Evercore ISI analyst Steve Sakwa lowered the firm’s price target on AvalonBay (AVB) to $204 from $214 and keeps an In Line rating on the shares. The firm is updating models for all apartment REITs in its coverage, focusing on trends from Q3 results and a more cautious demand outlook for FY26.
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Read More on AVB:
- AvalonBay price target lowered to $190 from $200 at Piper Sandler
- AvalonBay Communities Balances Optimism with Caution in Earnings Call
- AvalonBay Communities Reports Steady Q3 2025 Growth
- Mixed Signals Lead to Hold Rating for AvalonBay Amid Strong Buybacks and Disappointing Q3 Results
- AvalonBay reports Q3 core FFO $2.75, consensus $2.81