JPMorgan lowered the firm’s price target on Invitation Homes (INVH) to $37 from $38 and keeps an Overweight rating on the shares following the investor day. The company offered color on its ancillary earnings drivers, with less a focus on buybacks, the analyst tells investors in a research note.
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Read More on INVH:
- Invitation Homes: Hold Rating Amid Growth Potential and Market Uncertainties
- Invitation Homes: Strategic Growth and Demographic Trends Drive Buy Rating
- Invitation Homes: Balancing Growth Opportunities and Risks Amid Uncertainty
- Invitation Homes Highlights Strategic Growth at Investor Day
- Invitation Homes price target lowered to $34 from $35 at Morgan Stanley